Monday, 18 August 2014

Financial Inclusion Index

Which among the following has created the India’s first most comprehensive “Financial Inclusion Index”, recently? 
[A]RBI 
[B]CRISIL 
[C]ICRA 
[D]CIBIL

Ans-CRISIL has developed “Inclusix” India’s most comprehensive financial inclusion index for measuring the progress of financial inclusion in the country, down to district level. Inclusix, whose methodology is similar to other global indices, such as UNDP’s Human Development Index, measures financial inclusion on the three critical parameters of basic banking services-branch penetration, deposit penetration and credit penetration.



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