Question

Which of the following Statements about NPCI is/are True?

I- It is a specialised division of RBI.

II- It was founded in 2008.

III- RBI’s Governor is the CEO of NPI as well.

A Only I Correct Answer Incorrect Answer
B Only II Correct Answer Incorrect Answer
C Only III Correct Answer Incorrect Answer
D I & II Correct Answer Incorrect Answer
E All of the above Correct Answer Incorrect Answer

Solution

The National Payments Corporation of India is the specialised division of Reserve Bank of India which is under the jurisdiction of Ministry of Finance, Government of India.It was created by RBI for operating retail payments and settlement systems in India. Dilip Asbe- CEO.

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