Question

What is the extended validity date of the Payments Infrastructure Development Fund (PIDF) scheme by the Reserve Bank of India?

A December 31, 2025 Correct Answer Incorrect Answer
B January 1, 2026 Correct Answer Incorrect Answer
C March 31, 2026 Correct Answer Incorrect Answer
D June 30, 2027 Correct Answer Incorrect Answer
E October 15, 2030 Correct Answer Incorrect Answer

Solution

The Reserve Bank of India (RBI) has extended the validity of the Payments Infrastructure Development Fund (PIDF) scheme to December 31, 2025. The PIDF scheme, launched in January 2021, subsidises the deployment of digital payment acceptance infrastructure especially in Tier-3 and Tier-6 cities and North Eastern states.

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