A. Ensuring access to financial services for all sections of society at affordable cost
B. Restricting credit to priority sectors
C. Increasing interest rates for small borrowers
D. Providing banking services only to high-income groups
Answer: Option A
Solution (By JKSSB Mock Tests)
Financial inclusion seeks to ensure that individuals and businesses, especially the underserved, have access to useful and affordable financial products and services.
Explanation:
Non-tax revenue includes interest receipts, dividends and profits from PSUs, fees, fines, etc. Taxes like corporation tax, income tax and customs duty are tax revenues.
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