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The Financial Inclusion (FI) Index of the Reserve Bank of India (RBI) stood at 60.1 per cent for the financial year ending in March 2023, as compared to 56.4 per cent in March 2022, due to improvements in Usage and Quality dimensions. The value stood at 53.9 per cent in March 2021.In August 2021, the central bank said it 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 three broad parameters – Access (35%), Usage (45%), and Quality (20%), with each of these consisting of various dimensions, which are computed based on a number of indicators.
Suppose that x and y are distinct variables that take values from (1, 2, 3, 4, 5, 6). What is the probability that the value of the expression xy+x+y is...
Which of the following rivers does NOT have its origin in the Indian state of Rajasthan?
Public sector banks are required to maintain how much % of CRAR(Capital to Risk Weighted Assets Ratio) to protect depositors and promote the stability a...
Which substance changes the rate of chemical reactions and remains chemically different during reaction?
What is the full form of PPLO with respect to bacteria?
Which one of the following (Mineral-Producing Area) is not correctly matched?
Which of the following religious communities in India primarily celebrates the Pateti festival?
For the increase in the pace of construction of National Highways in the country the Union Minister Nitin Gadkari has stated that the work will go on at...
Dr.Teejan Bai, a Padma Shri, Padma Bhushan and Padma Vibhushan awardee is globally recognised for her contribution to which of the following art forms?
Until when is the overarching scheme "PRITHvi VIgyan (PRITHVI)" of the Ministry of Earth Sciences approved for implementation?