Question
Which of the following Statements about NPCI is/are
True? I- It was established in 2014. II- NPCI is an initiative taken by the Reserve Bank of India (RBI) and Indian Bank’s Association (IBA) to operate the retail payments and settlement systems in India. III- No Commercial banks act as a promoter of NPCI.Solution
The National Payments Corporation of India (NPCI) is an initiative taken by the Reserve Bank of India (RBI) and Indian Bank’s Association (IBA) to operate the retail payments and settlement systems in India. This organisation was founded in the year 2008 under the Payment and Settlement Systems Act, 2007. NPCI has been incorporated as a ‘not for profit’ company under section 8 of Companies Act 2013. NPCI is promoted by ten major promoter banks: State Bank of India Punjab National Bank Canara Bank Bank of Baroda Union Bank of India Bank of India ICICI Bank HDFC Bank Citibank HSBC
Select the option that is different from the other three.
What should come in place of '?' in the given series?
10 59 353 ? 12701 76205 457229
The sequence of folding a transparent sheet of paper and the method of cutting the folded paper are shown in the following figures. What will this paper...
Select the correct mirror image of the given figure when the mirror is placed at LM as shown below.
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Select the figure that will come next in the following figure series.
In the following question, select the figure which can be placed at the sign of question mark (?) from the given alternatives.
Refer to the following letter and symbol series and answer the question given below. Counting is to be done from left to right only.
(Left) UMB...
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Four letter-clusters have been given, out of which three are alike in some manner and one is different. Select the one that is different. The odd one ou...