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.
Regarding DigiLocker, sometimes seen in the news, which of the following statements is/are correct?
1. It is a digital locker system offered by t...
By when did the Reserve Bank of India (RBI) direct all banks to ensure full compliance with KYC provisions, as per the guidelines introduced in 2002?
RBI recently mandated that the NBFCs must constitute nomination and remuneration committee (NRC) and this NRC will ensure the implementation of ICAAP- a...
Stand Up India Scheme provide financial aid for Working Capital needs through which organisation?
Which one of the following is a purpose of ‘UDAY’, a scheme of the Government?
What is the primary objective of the Open Network for Digital Commerce (ONDC)?
In the parlance of financial investment the term ‘bear’ denotes
Which of the following can be defined as a solution that enables banks to offer a multitude of customer-centric services on a 24x7 basis?
Pradhan Mantri Matsya Sampada Yojana (PMMSY) was launched in ________________.
Consdier the following statement about International Food Policy Research Institute (IFPRI):
I. IFPRI was established in 1976.
II. It prov...