Current Affairs · Banking and Finance
The Reserve Bank of India (RBI) constructed a comprehensive Financial Inclusion Index (FI-Index) comprising three broad parameters to measure the deepening of financial services. Which of the following correctly represents the sub-indices and their respective weightages in the FI-Index architecture?
- 1Access sub-index: 25 percent; Usage sub-index: 55 percent; Quality sub-index: 20 percent
- 2Access sub-index: 35 percent; Usage sub-index: 50 percent; Quality sub-index: 15 percent
- 3Access sub-index: 40 percent; Usage sub-index: 40 percent; Quality sub-index: 20 percent
- 4Access sub-index: 35 percent; Usage sub-index: 45 percent; Quality sub-index: 20 percent✓
Correct answer
Access sub-index: 35 percent; Usage sub-index: 45 percent; Quality sub-index: 20 percent
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