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      Question

      Identify the parameters of the Financial Inclusion Index

      launched by RBI?
      A Usage, Access and Quality Correct Answer Incorrect Answer
      B Usage, Access and Quantity Correct Answer Incorrect Answer
      C Credit, Insurance and Banking Correct Answer Incorrect Answer
      D Credit, Banking and Wages Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      "The Financial Inclusion-Index has been conceptualised as a comprehensive index incorporating details of banking, investments, insurance, postal as well as the pension sector in consultation with Government and respective sectoral regulators. The FI-Index comprises three broad parameters (weights indicated in brackets) viz, Access (35%), Usage (45%), and Quality (20%).

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