Question
With reference to the Financial Inclusion Index,
consider the following statements: I.It was developed by the RBI in 2020, without any ‘base year', and is published in July every year. II.It captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial inclusion. III.It comprises three broad parameters (weights indicated in brackets) viz., 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 TRUE?Solution
It was developed by the RBI in 2021, without any ‘base year', and is published in July every year. It captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial inclusion.It comprises three broad parameters (weights indicated in brackets) viz., Access (35%), Usage (45%), and Quality (20%) with each of these consisting of various dimensions, which are computed based on a number of indicators.
What is the minimum age limit for individuals to be eligible for Pradhan Mantri Jeevan Jyoti Bima Yojana?
If two interior angles on the same side of a transversal intersecting two parallel lines are in the ratio 2 : 3, then the greater of the two angles is:
Regarding the QUAD, consider the following statements:
1. The Quad is an informal diplomatic alliance between Australia, India, Japan, and the US...
A copy of the famous 16" century art work Salvator Mundi, which was reportedly stolen, has recently been recovered by the Police in Italy. The painting ...
Who has become the first woman chairperson of the Railway Board of Indian Railways in 2023?
What is the primary objective of “Operation Chakra” initiated by the Central Bureau of Investigation (CBI)?
Which of the following is not a secondary market instrument?
What do you understand about the concept of Moonlighting?
KK Venugopal, the 15th Attorney General of India, received the first extension in his tenure in which of the following years?
Refer to the given number and symbol series and answer the question that follows. Counting to be done from left to right only.
(Left) 2 & % 4 6 @...
