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      Question

      Which is correct about India Post Payment Bank?

      i. India Post under Department of Posts has received final payments bank licence from the Reserve Bank of India (RBI) ii. The department of post has an existing network of around 1,55,000 post offices and as per the plan each post office in the country will offer the post bank services. iii. India Post is the fifth entity to get a payment bank licence form RBI
      A Only i Correct Answer Incorrect Answer
      B Only i and ii Correct Answer Incorrect Answer
      C Only i & iii Correct Answer Incorrect Answer
      D Only ii & iii Correct Answer Incorrect Answer
      E All of the aove Correct Answer Incorrect Answer

      Solution

      India Post became the third entity after Bharti Airtel and Paytm to receive final payments bank licence.

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