Which development is most directly associated with greater financial inclusion in Pakistan?
Correct answer: A. Wider access to bank accounts and digital payments
- A. Wider access to bank accounts and digital payments
- B. Higher duties on imported consumer goods
- C. A larger gap between urban and rural wages
- D. Lower production of formal financial records
Explanation
Financial inclusion means that households and businesses can access and use affordable formal financial services. Bank accounts, mobile wallets and digital payments directly broaden such access.
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About Economy of Pakistan
Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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