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Read the following passage carefully and answer the following questions. Certain words/phrases have been printed in ITALIC and have been underlined to help you locate them while answering some of the questions. Financial Inclusion (FI) is an emerging priority for banks that have nowhere else to go to achieve business growth. The viability of FI business is under question, because while banks and their delivery partners continue to make investments, they haven’t seen commensurate returns. In markets like India, most programmes are focussed on customer on boarding, an expensive process which people often find difficult to afford, involving issuance of smart cards to the customers. However, large scale customer scquisition hasn’t translated into large-scale business, with many…
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Read the passage carefully and answer the following questions    For achieving inclusive growth there is a critical need to rethink the role of the State. The early debate among economist about the size of the Government can be misleading. The need of the hour is to have an enabling Government. India is too large and complex a nation for the State to be able to deliver all that is needed. Asking the Government to produce all the essential goods, create all the necessary jobs, and keep a curb on the prices of all goods is to lead to a large cumbersome bureaucracy and widespread corruption.    The aim must be to stay with the objective of inclusive growth that was laid down by the founding fathers of the nation and also to take a more modern view of what the state can realistically deliver.    …
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