Question
Which payment system has facilitated the smooth release
of DBT benefits by the Prime Minister to 8.34 crore farmers under the PM-KISAN Scheme?Solution
Explanation: The National Automated Clearing House (NACH) system has also facilitated Government Direct Benefit Transfers (DBT) payments digitally and eliminating leakages in the system. NACH System can be used for making bulk transactions towards distribution of subsidies, dividends, interest, salary, pension etc. and also for bulk transactions towards collection of payments pertaining to telephone, electricity, water, loans, investments in mutual funds, insurance premium etc.
Consider the following Statements about:
(1) In India, commercial energy consumption is more than non-commercial energy consumption.
(2) C...
What is the primary focus of the ASEAN-India Fund for Digital Future announced at the summit?
As per AISHE 2019-20 Report, what is the gross enrolment ratio for Schedule Cast students?
Good health of the Banking Industry is paramount for any Economy. Which of the following is the correct explanation of IBC?
Which of the following Statements is/are True?
I- Competition Commission of India (CCI) is a statutory body of the Government of India.
II...
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
The Ministry of Textiles has recently approved 4 Start-Ups under which scheme?
What is the primary objective of the Nasha Mukt Bharat Abhiyaan (NMBA)?
The HCI includes __________ data from 174 countries- covering 98% of World’s Population.
Scheme of Fund for Regeneration of Traditional (SFURTI) comes under the administrtative control of ______.
