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The Impact of Services and Information Technology on Financial Inclusion and Digital Literacy

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Multiple Choice

How has the advent of mobile banking contributed to financial inclusion in India?

  1. It has enabled people in rural areas to access banking services without having to travel to a physical bank.
  2. It has reduced the cost of banking services, making them more affordable for the poor.
  3. It has improved the security of banking transactions, reducing the risk of fraud.
  4. All of the above.