Question
Under which legislation was NPCI established to build
India’s retail payment infrastructure?Solution
The National Payments Corporation of India (NPCI) was set up under the Payment and Settlement Systems Act, 2007 by the RBI and Indian Banks’ Association (IBA) to develop robust retail payment systems. It now manages systems like UPI, IMPS, and others.
What was the average headline inflation in India for FY25 according to the RBI Annual Report 2024–25?
The ‘bob Women Sapphire Savings Account’ requires a Monthly Average Balance (MAB) of how much?
“Imperfect” is the autobiography of
Which Indian district was highlighted in ISRO's Landslide Atlas of India for its high risk related to landslides?
What was the focus of the Defence Acquisition Council's (DAC) latest approval worth ₹21,772 crore?
What was the value of the ADB loan approved for the Gujarat Skills Development Programme?
Which Indian naval ship participated in the first India–Republic of Korea Navy Bilateral Exercise?
What is the timeframe for the 2025 National Marine Fisheries Census household enumeration phase?
At which port was the Indian Coast Guard ship Adamya commissioned in 2025?
Who has been appointed as the new Chief of RAW from July 1, 2025?
