Who recently announced the formation of a composite Financial Inclusion Index (FI-Index)?

Who recently announced the formation of a composite Financial Inclusion Index (FI-Index)?

A. World Bank

B. NITI Aayog

C. RBI

D. SEBI

Explanation:

The Reserve Bank of India (RBI) announced the formation of a composite Financial Inclusion Index (FI-Index) to capture the extent of financial inclusion across the country. The announcement regarding the creation of the Financial Inclusion Index was made in the first Bi-monthly Monetary Policy Statement for 2021-2022 on 17 April.

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