Question
Which of the following regulatory body has announced the
creation of a Rs. 500-crore Payments Infrastructure Development Fund (PIDF)?Solution
Reserve Bank of India (RBI) has announced the creation of a Rs. 500-crore Payments Infrastructure Development Fund (PIDF). The Payments Infrastructure Development Fund (PIDF) scheme had deployed more than 4.11 lakh PoS, mobile PoS, and other physical devices across the country as of April 30, 2022, according to the RBI. The scheme also had deployed 1,14,05,116 digital devices, including interoperable QR code-based payments such as UPI QR and Bharat QR.
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1. The scheme...
Which platform recently achieved the milestone of processing 500 million UPI transactions daily?
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The Economic Survey 2023-24 mentions the need for innovative financing mechanisms. Which of the following is a proposed solution to boost clean energy i...
With reference to India’s stance on UNGA Gaza ceasefire resolutions, consider the following statements:
1. India abstained from the latest UNGA...
What new name was given to the Durbar Hall at Rashtrapati Bhavan by President Droupadi Murmu in July 2024?
Which financial platform did NPCI establish to handle bill payment transactions?
With reference to the Gross Value Added (GVA) in India’s agriculture and allied sectors, consider the following statements:
1. The GVA of agric...
What is the primary purpose of the National Pest Surveillance System (NPSS) launched by the Union government?