Question

Consider the following statement:

I. Access

II. Usage

III. Quality

Which of the above are sub-Indices of Financial Inclusion Index:

A I only Correct Answer Incorrect Answer
B II only Correct Answer Incorrect Answer
C III only Correct Answer Incorrect Answer
D I and II only Correct Answer Incorrect Answer
E I, II and III Correct Answer Incorrect Answer

Solution

The FI-Index comprises of three broad parameters (weights indicated in brackets) viz., Access (35%), Usage (45%), and Quality (20%) with each of these consisting of various dimensions, which are computed based on a number of indicators.

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