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Q149 (NDA-II/2023) Economy › Money, Banking & Inflation Official Key

Which one of the following is the name of the dashboard launched recently by the Reserve Bank of India to assess and monitor the progress of financial inclusion by capturing relevant parameters ?

Explanation

The Reserve Bank of India (RBI) Governor Shaktikanta Das launched the financial inclusion dashboard named 'Antardrishti' in June 2023. The term 'Antardrishti' translates to 'Insight,' reflecting the tool's purpose to provide deep data-driven insights into the financial landscape.

  • Objective: The dashboard is designed to assess and monitor the progress of financial inclusion by capturing relevant parameters and gauging the extent of financial exclusion at granular (local) levels across India.
  • Functionality: It enables the RBI to identify specific areas with low financial penetration, allowing for targeted policy interventions and a multi-stakeholder approach to deepen financial services.
  • Context: This initiative builds upon the RBI's Financial Inclusion (FI) Index, which measures inclusion across three dimensions: Access, Usage, and Quality. While the FI Index provides a macro score (0-100), 'Antardrishti' serves as a monitoring tool for internal use to track real-time progress.
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