Question

What is the "Financial Inclusion and Development Department (FIDD)" of the Reserve Bank of India (RBI)?

 

A A department responsible for regulating the functioning of banks in India Correct Answer Incorrect Answer
B A department responsible for promoting financial literacy and awareness among the public Correct Answer Incorrect Answer
C A department responsible for promoting digital payments and financial technology in India Correct Answer Incorrect Answer
D A department responsible for promoting financial inclusion and developing the microfinance sector in India Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

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.

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