The basic ideamovement is that poor people should come together and develop banking habits within small means.

Related MCQs

• …………………..banking is the development of banking from commerce which frequently encountered a prolonged intermediate.
• …………… banks aims to increase the flow of credit and availability of banking facilities to Rural areas and to the poorer section of the rural population.
• The first Indian Bank to set up Merchant Banking division in India is ___________.
• Retail banking is confined to ............... customers
• Non banking financial institutions (NBFIs) are registered under
• A Non Banking Financial Institution
• Banking Regulation Act was passed in the year
• The factors which had adversely affected the profitability of the banking system were partly external is termed as ………………
• The factors which had adversely affected the profitability of the banking system were partly internal is termed as ………………
• What is meant by development Oriented banking?