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    Question

    As per REPORT ON TREND AND PROGRESS OF BANKING IN INDIA

    2020-21, The Payments Infrastructure Development Fund (PIDF) Scheme intends to subsidise deployment of payment acceptance infrastructure in Tier-3 to Tier-6 centres with a special focus on __________.
    A Western States Correct Answer Incorrect Answer
    B North-eastern states Correct Answer Incorrect Answer
    C Northern States Correct Answer Incorrect Answer
    D Eastern States Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The PIDF scheme was operationalised by the RBI in January 2021 to incentivise the deployment of payment acceptance infrastructure such as physical Point of Sale (PoS), mPoS (mobile PoS), Quick Response (QR) codes in Tier-3 to 6 centres and north-eastern States.

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