Question

What is the "Financial Inclusion and Development

Q: Answer-What is the 'Financial Inclusion and Development Department (FIDD)' of the Reserve Bank of India (RB...

The Financial Inclusion and Development Department FIDD of the Reserve Bank of India RBI is a department responsible for promoting financial inclusion and developing the microfinance sector in India.

Department (FIDD)" of the Reserve Bank of India (RBI)?

A A department responsible for regulating the functioning of banks in India

B A department responsible for promoting financial literacy and awareness among the public

C A department responsible for promoting digital payments and financial technology in India

D A department responsible for promoting financial inclusion and developing the microfinance sector in India

E None of the above

Practice Next

More Financial Management Questions

Last year, bad bank- NARCL was established. What does the “R” stand for in NARCL?
Which of the following is a stock variable?
When RBI raises the Cash reserve Ratio rate what action are the banks required to take?
What is the theme of RBI’s recently announced third cohort of Regulatory Sandbox?
Which of the following statement is/are NOT correct with respect to Non-Banking Financial Companies (NBFCs)?
Some of the goods purchased for trading are used for the construction of business premises. The account to be credited is:
Which state has the highest contribution in the record GST collection in Apr 2022?
What is the main objective of KYC guidelines followed by Banks?

I- It helps prevent banks from using criminal networks.

II- KYC helps the ...
What is the primary purpose of a cashbook?
With the information given below, what is the Equity Multiplier of a firm?

Total Assets of the firm = 200,000

Total Debt =50,000...

What is the "Financial Inclusion and Development

Solution