Economy

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3 questions

2026 · Question 88 · Banking
Which one of the following correctly represents the three key sub-indices of the Financial Inclusion Index (FI-Index) of the Reserve Bank of India (RBI) ?
Choose your answer(a)Credit access, Insurance depth, and Pension coverage(b)Banking access, GDP contribution, and Financial literacy(c)Access, Usage, and Quality(d)Access, Affordability, and Transparency
Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)
2026 · Question 98 · Banking
With reference to different Committees in India, consider the following details : Sl. No. | Committee | Objective | Organization under which it was formed 1. | R.N. Malhotra Committee | Comprehensive reforms of Insurance sector in India | Insurance Regulatory and Development Authority of India 2. | L.C. Gupta Committee | Preparing a roadmap for the introduction of derivatives trading in India | Securities and Exchange Board of India 3. | Urjit R. Patel Committee | Preparing a roadmap for reforming bank lending to the Housing sector | Reserve Bank of India 4. | Y.H. Malegam Committee | Preparing a roadmap for reforms in Microfinance sector in India | Reserve Bank of India In which of the above rows are all the details correctly matched ?
Choose your answer(a)2 only(b)2 and 3(c)1, 3 and 4(d)2 and 4
Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)
2026 · Question 99 · Banking
Consider the following statements about the Non-Banking Financial Companies (NBFCs) in India : 1. NBFCs cannot accept demand deposits. 2. All the NBFCs operating in India have to be registered with the RBI. 3. NBFCs form part of the payment and settlement system and can issue cheque drawn on itself. 4. Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation (DICGC) is not available to the depositors of deposit taking NBFCs. Which of the statements given above is/are correct ?
Choose your answer(a)1 and 4(b)1, 2 and 3(c)4 only(d)2, 3 and 4
Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)

Which one of the following correctly represents the three key sub-indices of the Financial Inclusion Index (FI-Index) of the Reserve Bank of India (RBI) ?