Q. Financial Inclusion Index (FI-Index) is released by which of the following?

[A] NITI Aayog

[B] Reserve Bank of India

[C] World Bank

[D] International Monetary Fund

Answer: B

The Reserve Bank of India has released India’s First composite Financial Inclusion Index (FI-Index). 

About Financial Inclusion Index(FI-Index): 

  • Released by: Reserve Bank of India(RBI) 
  • Aim: To capture the extent of financial inclusion across the country. 
  • When it will be published?  The index will be published in July every year. 
  • Base Year:  The index has been constructed without any “base year”. It reflects the cumulative efforts of all stakeholders. 

Read more: Reserve Bank launches index to capture financial inclusion