Nachiket Committee has recommended Universal Electronic Bank Account (UEBA). How will it be achieved?

A. Nationalized Banks will be required to hold camps and Melas to enrol people in UEBA

B. RBI will issue a circular mandating all scheduled commercial banks to enrol all the unbanked BPL families in their branch territories under UEBA

C. Every resident will be issued a UEBA account automatically at the time of receiving their Aadhaar number

D. None of above

Answer: Option D