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.