Question
Consider the following statements regarding the National
Payments Corporation of India (NPCI): 1. It is an initiative of the Reserve Bank of India (RBI) and the Indian Banks’ Association 2. RuPay card payment scheme was launched by the NPCI. 3. NPCI provides online transaction routing, processing and settlement services to members participating in UPI. Which of the statements given above is/are correct?Solution
National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India.
Red Data book is the source book which keeps a record of:
Which of the following refers to expenditure that is necessary for the day-to-day functioning of the business, typically not resulting in any asset?
Which of the following is not an accounting principle?
Which one of the following denotes a sequential electronic circuit that is used to store 1-bit of information?
‘A’ and ‘B’ can complete a certain work in 15 days and 12 days, respectively. They started working together and worked till completion of the wo...
According to this approach, the industrial relations system is a study of institutions of job regulations and the stress is on the substantive and proce...
150 litres of mixture ‘A’ (milk + water) contains 36 litres more water than milk. If 50% of mixture ‘A’, 70 litres of milk and 60 litres of wate...
After which constitutional amendment the Santali Language was added in the 8th Schedule as official language?
Consider the following statements in regards to socio religious reformsin India:
1.Brahmo Samaj, the Prarthana Samaj, and the Aligarh Movement we...
Under Sukanya Samriddhi Yojana, what is the maximum amount that can be deposited during a financial year?
