📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    Consider the following statements regarding the RBI’s

    e-Kuber platform and recent government directives: 1. From July 16, 2025, all government payments above ₹75 crore must be routed through the RBI’s e-Kuber platform. 2. Earlier, only payments above ₹500 crore were mandated to be processed through e-Kuber. 3. The e-Kuber system allows account matching and settlement within 7 days. Which of the statements given above is/are correct?
    A 1 and 2 only Correct Answer Incorrect Answer
    B 2 and 3 only Correct Answer Incorrect Answer
    C 1 and 3 only Correct Answer Incorrect Answer
    D 1, 2 and 3 Correct Answer Incorrect Answer
    E 2 only Correct Answer Incorrect Answer

    Solution

    • Statement 1 is correct: As per the latest directive, from July 16, 2025, all government payments above ₹75 crore will mandatorily be routed through the RBI’s e-Kuber platform. This ensures transparency and better oversight. • Statement 2 is correct: Previously, the requirement applied only to government payments above ₹500 crore. The threshold has now been lowered to ₹75 crore, and there are indications that it may further drop to ₹50 crore in the future. • Statement 3 is incorrect: The e-Kuber system enables account matching within 24 hours, not 7 days. This quick settlement reduces administrative delays and errors. Thus, the correct combination is 1 and 2 only.

    Practice Next
    More MCQs for RBI Grade B Questions

    Relevant for Exams:

    ask-question