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    Question

    Which of the following is correct about Financial

    Inclusion Fund (FIF)? i.   The purpose of FIF is developmental and promotional activities, including creating of FI infrastructure across the country ii.   It has a corpus of Rs.4000 Cr iii.  Contribution to FIF would be from the “interest differential” in excess of 0.5% on RIDF and STCRC deposits on account of shortfall in priority sector lending kept with NABARD
    A Only i Correct Answer Incorrect Answer
    B Only i and ii Correct Answer Incorrect Answer
    C Only i and iii Correct Answer Incorrect Answer
    D Only ii and iii Correct Answer Incorrect Answer
    E All of the above statements are correct Correct Answer Incorrect Answer

    Solution

    The corpus of FIF is 2000 Cr 

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