Financial Inclusion Index Flashcards
1
Q
Who introduced the financial inclusion index
A
Reserve bank of India
2
Q
Annual FI index for the year ending in march 2021 is
A
53.9
3
Q
Index value ranges between
A
O to 100
4
Q
What does 0 value indicate?
A
Complete financial exclusion
5
Q
What does 100 value on index indicate
A
Complete financial inclusion
6
Q
When will FI index be published annually?
A
July
7
Q
Name the three parameters of FI index
A
Acess (35%)
Usage(45%)
Quality (20%)
