Financial Inclusion Index 2025 was released by _____.
Show answer & explanation
Correct answer: A
Explanation
The Financial Inclusion Index 2025 was released by the Reserve Bank of India (RBI).
Key facts about the Financial Inclusion Index (FI-Index):
The RBI releases this index annually in the month of July (based on data from the previous financial year).
It aims to measure the extent and reach of financial inclusion in the banking, investment, insurance, postal, and pension sectors across the country.
The index represents the level of financial inclusion as a number between 0 and 100, where 0 represents complete financial exclusion and 100 represents complete financial inclusion.
Three main parameters of the index:
The Financial Inclusion Index (FI-Index) is primarily based on three broad dimensions:
Access: (35% weightage)
Usage: (45% weightage)
Quality: (20% weightage)