Question
Consider the following statements about National Payments Corporation of India: 1. It is a “Not for Profit” Company. 2. A properly designed Public Sector Company. 3. It was setup under the provisions of the Payment and Settlement Systems Act, 2007. Which of the above statement is/are not correct?
More Economy and Banking and Finance Current Affairs Questions
- The quorum for the meeting of the monetary policy committee (MPC) is ____ members.
- With reference to the IMF Bailouts, consider the following statements: I. Countries seek help from the IMF usually when their economies ...
- Securities and Exchange Board of India (SEBI) was given statutory powers on which of the following year?
- What is the function of the Capital Adequacy Ratio (CAR) in the banking sector?
- __________ is the interest rate at which the Reserve Bank of India provides money to the scheduled commercial banks who are facing acute shortage of liquid...
- India's wholesale price index (WPI)-based inflation in July came in at_________, significantly higher than (-)4.12 percent reported in June on account of t...
- In which type of tax is the marginal tax rate higher than the average tax rate?
- What is the primary role of the National Payments Corporation of India (NPCI)?
- Which of the following best describes "Fiscal Deficit"?
- Which committee is associated with the restructuring of the banking sector in India?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)