Question
Which payment bank was the first entity in India to
receive a payment bank license from the Reserve Bank of India.Solution
Payment banks in India, a type of differentiated bank, emerged from the recommendations of the Nachiket Mor Committee in 2013, with the aim of expanding financial inclusion by providing basic banking services to underserved populations. In 2016, Airtel Payments Bank became the first company to receive the Payments Bank license from the Reserve Bank of India.
Which of the following states is home to the only mine in the country involved in industrial-scale mining of diamonds?
Where was headquarters of “Yugantar Ashram” located?
Which part of the Indian Constitution is related to special provisions given to the states?
Which of the following is the poor conductor of electricity?
Fungi can grow on which of the following items?
I. Bread
II. Pickles
III. ...
In which state is the Hogenakkal Falls located?
What is the revised transaction limit set by the Reserve Bank of India (RBI) for Unified Payments Interface (UPI) payments to hospitals and educational ...
One yard is 91% of a metre. What percent is one metre of one yard?
In the National Cooperative Development Corporation (NCDC) was established for strengthening the cooperative activities in
After 1 November 2019 all international athletic events are being organised under the rules of: