Question
Financial Inclusion Index (FI-Index) for the year ending
March 2025 improved to 67.0. When was FI-Index launched and by whom?Solution
The FI-Index was launched in 2021 by Reserve Bank of India (RBI) with the aim of capturing the financial inclusion across the country while representing different sectors such as banking, investment, insurance, postal and pension too. The index, comprises of three sub-indices of Access, Usage and Quality. The FI Index shows progress every year due to various schemes like the Pradhan Mantri Jan Dhan Yojana and efforts under the National Strategy for Financial Inclusion (2019-2024). 
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Annex : Lessening
