Module: General Practice
Q50: As part of the banking penetration guidelines, what is the minimum percentage of total new banking outlets that must be opened in Tier 5 and Tier 6 Unbanked Rural Centres?
✅ Correct Answer: D
The correct answer is 25 percent.
Banks have to make sure that villages with more than 5,000 people and no bank branch are put first in line to get a fully connected banking center.
To help make this happen, the state and territory level committees have to keep a fresh list of these empty rural centers.
They have to show this list openly on their websites.
This open list helps banks pick and choose exactly where they want to open their new locations.
Banks have to make sure that villages with more than 5,000 people and no bank branch are put first in line to get a fully connected banking center.
To help make this happen, the state and territory level committees have to keep a fresh list of these empty rural centers.
They have to show this list openly on their websites.
This open list helps banks pick and choose exactly where they want to open their new locations.
🧠 Real-World Scenario:
Imagine a massive Private Bank decides it wants to open 100 brand new branches this year. Suddenly, the CEO says they will build all 100 in rich urban cities to maximize profits.
According to the rules, they can be stopped by the RBI, because the law forces them to place at least 25 of those new branches in completely unbanked rural villages. This means rich city expansion naturally funds financial inclusion for the poor.