Module: | Priority Sector, Consumer Protection & Digital Lending
Q94: According to the general permission for opening banking outlets, what is the minimum percentage of total 'Banking Outlets' opened during a financial year that a domestic scheduled commercial bank must open in Unbanked Rural Centres (URCs)?
✅ Correct Answer: C
The correct answer is C. The regulatory guidelines explicitly stipulate that domestic scheduled commercial banks (excluding Regional Rural Banks) must open at least 25 percent of the total number of 'Banking Outlets' opened during a financial year in Unbanked Rural Centres (URCs). This mandate is designed to aggressively push financial inclusion and ensure that banking services reach remote areas that lack foundational financial infrastructure.
Options A, B, and D represent mathematically incorrect thresholds that do not align with the master directions on branch authorisation.
Options A, B, and D represent mathematically incorrect thresholds that do not align with the master directions on branch authorisation.