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Which financial institution has announced to set up an ‘Innovation Hub’ for financial inclusion
A)
NABARD
B)
SIDBI
C)
SEBI
D)
RBI

Correct Answer : Option (D) - RBI


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.
The hub seeks to provide solutions for efficient banking transactions. This has been introduced in the bi-monthly monetary policy statement released by the RBI. The funds allocated for the project and its location will be disclosed by the Central Bank.

Published On : July 18, 2021
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