The FI-Index 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 of three broad parameters (weights indicated in brackets) viz., Access (35%), Usage (45%), and Quality (20%). The index 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.
What is the underlying reason for SEBI's permission to allow stock brokers and clearing members to park client funds in mutual fund overnight schemes?
Which key topics were discussed at the World Leaders Summit 2024 held at the House of Lords in the UK Parliament?
Badri Narayan received the prestigious literary award Sahitya Akademi Award, 2022 for ?
Which private sector bank in India has acquire Citibank’s India consumer business for an amount of USD 1.6 billion (Rs 12,325 crores)?
Who will inaugurate the AIFF-FIFA academy in Bhubaneswar on November 21?
GACL and GAIL India signed a memorandum of understanding to set up a 500 KLD bioethanol plant at an estimated investment of Rs 1,000 crore in _________.
RBI has extended the deadline for non-banking financial companies (NBFCs) to comply with new Non-Performing Assets (NPAs) classification norms to Septem...
In December 2021, Prime Minister Narendra Modi has been conferred with the highest civilian award of __________, Ngadag Pel gi Khorlo, on the occasion o...
How much increase has been made by the Union Government domestic natural gas prices for October 2023?
Which Article of the Indian Constitution refers to the Rights of Ministers with respect to the State Legislature?
