Ans. B The RBI conceptualised and constructed the Financial Inclusion Index (FI-Index) as a comprehensive measure that incorporates details of banking, investments, insurance, postal as well as the pension sector in consultation with the government and regulators. The FI-Index comprises of three broad parameters (weights indicated in brackets) viz., • Access (35%), • Usage (45%), and • Quality (20%) The FI-Index has been constructed without any ‘base year’ and as such it reflects cumulative efforts of all stakeholders over the years towards financial inclusion. The annual FI-Index for the period ending March 2021 is 53.9 as against 43.4 for the period ending March 2017.
What is one of the key features of the Supreme Court ruling on the PMLA regarding the arrest powers of the Enforcement Directorate?
Veer Bal Diwas was observed for the first time on?
The Reserve Bank of India (RBI) has revised investment norms for commercial banks, making it more rigid as it created a new category namely – fair val...
What is the estimated growth rate of India's real GDP for the fiscal year 2023-24, as per the first advance estimates released by the National Statistic...
"Thiruonam" is celebrated as the 10th and most auspicious day of which cultural festival in the state of Kerala?
Recently which of the following institution has started accepting electronic bank guarantees and digitalised all its existing bank guarantees?
Consider the following statements:
I. The Union Cabinet has approved the extension for the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY-Phas...
Which state became the last state to implement the one nation one ration card (ONORC) scheme?
Who was honored with the Lata Deenanath Mangeshkar award for their contributions to the nation?
The Prime Minister of India Shri Narendra Modi visited which state to unveil Shri Adi Shankaracharya Samadhi and the statue in_____?
