Question
Which of the following is correct about National
Payments Corporation of India (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.
In cost accounting, overheads are classified into various categories based on the nature of the expenses. Which category do Director’s remuneration an...
According to the Working Capital Management concept, the operating cycle is calculated using which of the following formulas?
...Which of the following global financial centers is known for its Islamic finance and Shariah-compliant products?
In the Reserve Bank of India (RBI)’s 2025 classification of Domestic Systemically Important Banks (D-SIBs), which bank is placed in the highest risk ...
Which of the following cities is not in the top 3 FinTech rankings?
Which loan does not require the borrower to pay back during their lifetime?
Why is written communication often preferred in organizations?
B Ltd. issued equity shares of Rs.10 each at 10% premium; all shares were issued and subscribed. Amount called up: - On application Rs.3 each, on allotm...
In an inventory control model the ‘Buffer stock’ is the level of stock
Which of the following statements about mutual funds is/are accurate?
1. Open-ended mutual funds allow investors to buy and sell units at any tim...
