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    Question

    Which of the following is correct about Financial

    Inclusion Fund (FIF)? i.┬а┬а The purpose of FIF is developmental and promotional activities, including creating of FI infrastructure across the country ii.┬а┬а It has a corpus of Rs.4000 Cr iii.┬а Contribution to FIF would be from the тАЬinterest differentialтАЭ 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┬а

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