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    Question

    Which organization updated its e-mandate framework to

    include auto-replenishment of balances for FASTag and NCMC?
    A SEBI Correct Answer Incorrect Answer
    B RBI Correct Answer Incorrect Answer
    C IRDAI Correct Answer Incorrect Answer
    D NHAI Correct Answer Incorrect Answer
    E NPCI Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) updated its e-mandate framework to include auto-replenishment of balances for FASTag and National Common Mobility Card (NCMC). This update allows for seamless transactions when balances fall below a customer-set threshold without requiring pre-debit notifications.

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