Explanation
- A
1 and 2 only
(a) 1 and 2 only. Small Finance Banks exist to supply credit to unserved and underserved units, including small businesses and small and marginal farmers. Encouraging young rural entrepreneurs as a separate, stated purpose is not part of the RBI design in the way statement 3 puts it. This is the official key.
- B
2 and 3 only
(b) 2 and 3 only. Dropping small-business credit and keeping the entrepreneur-promotion line is wrong.
- C
1 and 3 only
(c) 1 and 3 only. Farmers are a core SFB target; statement 3 is the extra. Not the key.
- D
1, 2 and 3
(d) 1, 2 and 3. Statement 3 is not an official SFB purpose as framed. All three is not the key.
Summary. Official key is (a) 1 and 2 only. RBI’s Small Finance Bank guidelines aim to further financial inclusion by providing savings and credit to small business units, small and marginal farmers, micro and small industries, and other unorganised-sector entities. A general youth-entrepreneurship mission is not a distinct, listed SFB objective. Payments Banks are the neighbouring differentiated-bank type (they do not lend). Honour 1 and 2 only.
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