2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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State Bank of India
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Ministry of Finance
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RBL Bank
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Reserve Bank of India
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Detailed explanation-1: -The Reserve Bank Innovation Hub (RBIH) is a wholly-owned subsidiary of the Reserve Bank of India (RBI) set up to promote and facilitate an environment that accelerates innovation across the financial sector.
Detailed explanation-2: -UPSC Mains Notes: The Reserve Bank of India (RBI) has recently announced that it will establish an innovation hub to assist start-ups to tackle the challenges of financial inclusion.
Detailed explanation-3: -Press Releases. The Reserve Bank of India had constructed a composite Financial Inclusion Index (FI-Index) to capture the extent of financial inclusion across the country, in consultation with the concerned stakeholders including the Government and published it in August 2021 for the FY ending March 2021.
Detailed explanation-4: -Pradhan Mantri Suraksha Bima Yojana (PMSBY) Sukanya Samriddhi Yojana. Jeevan Suraksha Bandhan Yojana. Credit Enhancement Guarantee Scheme (CEGS) for Scheduled Castes (SCs)
Detailed explanation-5: -Gopal Natarajan. Mr. Gopal Natarajan is the Chief Administrative Officer (CAO) of the Reserve Bank Innovation Hub.