world_organizations medium Fill in the Blank

The G20's Global Partnership for Financial Inclusion (GPFI) advances access to affordable financial services for underserved populations, focusing on digital payments, MSME finance, and financial _____.

  1. literacy
  2. regulation
  3. speculation
  4. consolidation

Answer: literacy

GPFI promotes policies and innovations to expand inclusive finance: mobile money, agent banking, credit bureaus, and consumer protection. Financial literacy empowers users to make informed decisions, avoid over-indebtedness, and benefit from formal financial services for resilience and opportunity.

Topic G20
Exam Relevance UPSC, Banking, SSC
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