Which of the following factors has the highest weightage in RBI’s Financial Inclusion Index?
Ans. B The RBI conceptualised and constructed the Financial Inclusion Index (FI-Index) as a comprehensive measure that incorporates details of banking, investments, insurance, postal as well as the pension sector in consultation with the government and regulators. The FI-Index comprises of three broad parameters (weights indicated in brackets) viz., • Access (35%), • Usage (45%), and • Quality (20%) The FI-Index has been constructed without any ‘base year’ and as such it reflects cumulative efforts of all stakeholders over the years towards financial inclusion. The annual FI-Index for the period ending March 2021 is 53.9 as against 43.4 for the period ending March 2017.
Who recently came up with India’s 1st credit card made from recycled PVC (Polyvinyl chloride) plastic?
Which of the following best describes the Troika of Group of 20 (G20)?
What was the estimate for India's Real GDP at Constant (2011-12) Prices for the first quarter (Q1) of 2023-24, as per the data released by the National ...
What is Lien Concept?
Which Indian musician got the 64th Grammy Awards for the Best New Age Album for 2022?
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Karthigai Deepam is a traditional festival of which of the following states?
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