Start learning 50% faster. Sign in now
AEPS stands for Aadhaar Enabled Payment System. AEPS is a system introduced by the Government of India to enable Aadhaar cardholders to perform basic banking transactions using their Aadhaar number and biometric authentication. It allows customers to carry out financial transactions like cash withdrawal, cash deposit, fund transfers, balance inquiry, and Aadhaar-to-Aadhaar fund transfers through Micro ATMs using their Aadhaar details as identification. AEPS aims to promote financial inclusion and provide easy and secure banking services to individuals, especially in rural and remote areas.
Which of the following entities did not qualify for the Reserve Bank of India's 5th cohort of the Regulatory Sandbox testing phase with the theme 'Neutr...
Which scheme aims to improve basic infrastructure and services in 500 cities across India?
Who are the main recipients of the housing scheme introduced in the Interim Budget of 2024?
How did the 2024 Cannes Film Festival mark a notable moment for Indian cinema?
Which scheme facilitated 48.92 crore loans amounting to ₹29.93 lakh crore to boost micro/small businesses?
What is the primary purpose of the 'eSakshya' app launched by Amit Shah?
Recently, the Indian Navy has set up its first independent headquarters named ‘Nausena Bhawan’ at which place?
How many crore new jobs were added in India in 2023-24 according to RBI's KLEMS data?
What is the main focus of the Digital General Crop Estimation Survey (DGCES) discussed in the national conference?
The ancient Greeks knew as early _________ 600 B.C. that when resin was rubbed with fur, it attracted light objects such as hair.