Q. 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)?
(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

Answer : C

Explanation:

The RBI constructed a composite Financial Inclusion Index (FI-Index) to capture the extent of financial inclusion across the country. According to the RBI, the FI-Index comprises three sub-indices:
Access — availability of financial services (bank branches, ATMs, etc.)
Usage — actual utilisation of financial products and services
Quality — quality of financial services, including financial literacy and consumer protection
The index is published annually in July and captures information on banking, investments, insurance, postal, and pension sectors.

Source:

https://www.pib.gov.in/PressNoteDetails.aspx?NoteId=154980&ModuleId=3®=3&lang=1