Reading Comprehension — quick quiz

Read the passage below and answer the question that follows. Financial inclusion has emerged as a policy priority across the world. In India, financial inclusion aims at drawing the unbanked population into the formal banking system so that they have access to timely and adequate credit and other financial services. The Reserve Bank of India has been taking several measures to promote financial inclusion by encouraging banks to adopt a structured and planned approach with commitment at the highest level. However, despite the concerted efforts of the banking sector and the government, a large section of the population, especially in rural areas, still remains outside the ambit of formal banking services. The reasons for this exclusion are manifold — lack of awareness, distance from bank branches, cumbersome documentation, and low income levels. Technology-driven solutions such as mobile banking and biometric identification have shown promise, but challenges related to digital literacy and infrastructure in remote areas continue to hinder progress. According to the passage, which of the following is NOT mentioned as a reason for financial exclusion?