Current Affairs · Banking and Finance
Which of the following statements are correct regarding the 'Financial Inclusion Index (FI-Index)' as per the Reserve Bank of India (RBI)? 1. The FI-Index improved to 64.2 in March 2024 from 60.1 in March 2023 due to growth across all sub-indices, particularly in the 'Usage' parameter. 2. The FI-Index is composed of three broad parameters: 'Access' (35%), 'Usage' (45%), and 'Quality' (20%). 3. The FI-Index is published annually with a base year to track financial inclusion progress across the country.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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