1.

With reference to the above passage, consider the following statements:1. Indian financial institutions do not offer any financial instruments to rural households to mobilise their savings.2. Poor households tend to spend their earnings/savings due to lack of access to appropriate financial instruments.Which of the statements given above is/are correct?

A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Answer» C. Both 1 and 2


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