Question

Which of the following is correct about Financial Inclusion Fund (FI

  • F ? 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
B Only i and ii
C Only i and iii
D Only ii and iii
E All of the above statements are correct
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