Home Questions & Answers Economics Banking Question Answers Which among the following made the initial contribution for setting up Financial Inclusion Fund and Financial Inclusion Technology Fund?

Which among the following made the initial contribution for setting up Financial Inclusion Fund and Financial Inclusion Technology Fund?

ANSWER: Government of India, NABARD and RBI
SIDBI, NABARD and UTI
The objectives of the FIF shall be to support Ã¢â‚¬Å“developmental and promotional activities with a view to securing greater financial inclusion, particularly among weaker sections, low income groups and in backward regions/hitherto unbanked areas. The objectives of FITF shall be to enhance investment in Information Communication Technology (ICT) aimed at promoting financial inclusion, stimulate the transfer of research and technology in financial inclusion, increase the technological absorption capacity of financial service providers/users and encourage an environment of innovation and cooperation among stakeholders.
NABARD, UTI and RBI
SIDBI, Government of India and IDBI Bank
Government of India, NABARD and RBI

2. Which one of the following is known as the real return to the investor getting reduced due to sudden rise in the prices of the commodities?

Cost risk

Demand risk

Market risk

Systemic risk

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