Question
Consider the following statements regarding RBI’s
Financial Inclusion Index- I.The Financial Inclusion (FI) Index of the Reserve Bank of India (RBI) stood at 60.1 percent for the financial year ending in March 2023. II.In August 2022, it was conceptualized as a comprehensive index, incorporating details of banking, investments, insurance, postal, as well as the pension sector. III.The FI-Index comprises three broad parameters – Access (35%), Usage (45%), and Quality (20%), with each of these consisting of various dimensions, which are computed based on a number of indicators. Which of the following statements is/are correct?Solution
The Financial Inclusion (FI) Index of the Reserve Bank of India (RBI) stood at 60.1 per cent for the financial year ending in March 2023, as compared to 56.4 per cent in March 2022, due to improvements in Usage and Quality dimensions. The value stood at 53.9 per cent in March 2021.In August 2021, the central bank said it 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 – Access (35%), Usage (45%), and Quality (20%), with each of these consisting of various dimensions, which are computed based on a number of indicators.
Find the missing term in the following series.
HS10, KP4, NM0, ____
In this question, two statements numbered I and II have been given. These statements may be independent causes or effects of independent causes or a com...
Select the correct mirror image of the given figure when the mirror is placed at MN as shown below.
A team of seven members is be selected from ten members M1, M2, M3, M4, M5, M6, M7, M8, M9 and M10. Criteria for the selection are: M3 and M6 have to b...
A, B, C, D, E and F live on six different floors of the same building. The lowermost floor in the building is numbered 1, the floor above it, number 2 a...
Which of the following numbers will replace the question mark (?) in the given series?
420, 462, 506, ?, 600, 650, 702Â
If in a certain code language 'INTERCITY' is written as 'IXRMTUPEY', then how will 'MACARONIC' be coded in that language?
Select the correct set of symbols:Â
21Â Â Â 9Â Â Â 13Â Â Â 7 = 195
Which two signs should be interchanged to make the given equation correct?
912 – 456 × 28 + 390 ÷ 2 = 444
Which two signs should be interchanged to make the given equation correct?
24 ÷ 2 = 20 - 4 × 6 + 8
