Question

    What is the "Financial Inclusion and Development Department (FIDD)" of the Reserve Bank of India (RBI)?

     

    A A department responsible for regulating the functioning of banks in India Correct Answer Incorrect Answer
    B A department responsible for promoting financial literacy and awareness among the public Correct Answer Incorrect Answer
    C A department responsible for promoting digital payments and financial technology in India Correct Answer Incorrect Answer
    D A department responsible for promoting financial inclusion and developing the microfinance sector in India Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The "Financial Inclusion and Development Department (FIDD)" of the Reserve Bank of India (RBI) is a department responsible for promoting financial inclusion and developing the microfinance sector in India.

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