BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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60%
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80%
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40%
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50%
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Detailed explanation-1: -The latest value from 2021 is 77.3 percent. For comparison, the world average in 2021 based on 121 countries is 65.76 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Detailed explanation-2: -According to the World Bank’s Global Financial Inclusion Database or Global Findex Report 2017, 80% of Indian adults (age 15+) have a bank account, which is almost double the share of adults with a bank account in 2011 (35%) and significantly higher than Findex 2014 (53%).
Detailed explanation-3: -The Reserve Bank of India has released the Financial Inclusion Index for 2022, underlining how well financial products and services can be accessed by the general population. The index shows an improvement to 56.4 from 53.9 in 2021 across indices like access, usage and equality.