Q. With reference to Fincluvation, consider the following statements;:
1.It is a method to collaborate with the Fintech Startup community to co-create and innovate solutions for financial inclusion.
2.It is launched by the Reserve Bank of India.
Which of the statements given above is/are correct?
Answer: A
Notes:
Statement 1 is correct: Fincluvation is a method to collaborate with the Fintech Startup community to co-create and innovate solutions for financial inclusion.
Statement 2 is incorrect: It is launched by the India Post Payments Bank(IPPB) and Department of Post(DoP).
Source: PIB
