Question

    Consider the following statement:

    I. Access

    II. Usage

    III. Quality

    Which of the above are sub-Indices of Financial Inclusion Index:

    A I only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C III only Correct Answer Incorrect Answer
    D I and II only Correct Answer Incorrect Answer
    E I, II and III Correct Answer Incorrect Answer

    Solution

    The FI-Index comprises of 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.

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