Q. Data Quality Index (DQI), which was seen in the news, is associated with which institution?
Answer: RBI
Notes: The Reserve Bank of India (RBI) has directed Credit Information Companies (CICs) to extend the use of Data Quality Index (DQI) to the commercial and microfinance segments. Initially introduced in June 2014, DQI assesses the quality of data submissions by Credit Institutions (CIs) to CICs and aims to enhance data quality over time. CICs are now required to create DQIs for commercial and microfinance segments and provide them to all member credit institutions by March 31, 2024.