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

  • google app store apple app store
  • ✖

      Question

      On which date was NSDL Payments Bank included in the

      Second Schedule of the RBI Act, 1934?
      A April 1, 2025 Correct Answer Incorrect Answer
      B June 19, 2025 Correct Answer Incorrect Answer
      C July 11, 2025 Correct Answer Incorrect Answer
      D May 31, 2025 Correct Answer Incorrect Answer
      E March 31, 2025 Correct Answer Incorrect Answer

      Solution

      NSDL Payments Bank was officially added to the Second Schedule of the RBI Act, 1934, through a notification dated June 19, 2025. Inclusion in the Second Schedule designates a bank as a "scheduled bank," enabling access to facilities such as borrowing from RBI and participation in clearinghouses.

      Practice Next
      ask-question