Reserve Bank of India (RBI) has appointed 5-member committee under the chairmanship of.....to strengthen digital payments as well as to boost financial inclusion through Financial Technology.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Reserve Bank of India (RBI) has appointed 5-member committee under the chairmanship of____to strengthen digital payments as well as to boost financial inclusion through Financial Technology.

A	Nandan Nilekani
B	Vishal Sikka
C	NR Narayana Murthy
D	Salil Parekh

Explanation:

Detailed explanation-1: -The Reserve Bank of India had constituted a High-Level Committee on Deepening of Digital Payments under the Chairmanship of Shri Nandan Nilekani, former Chairman, UIDAI, in January 2019.

Detailed explanation-2: -Detailed Solution: The Reserve Bank of India (RBI) announced that it was constituting of a ‘high-level committee for deepening of digital payments’. Former UIDAI chairman and Infosys Co-founder Nandan Nilekani as the Chairman of the five-member committee.

Detailed explanation-3: -RBI had set a WG on Digital Lending including Lending through Online Platforms and Mobile Apps, with Jayant Kumar Dash, Executive Director, RBI, as the Chairman to study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players.

Detailed explanation-4: -The Reserve Bank of India (RBI) has come out with “Payments Vision 2025” with an objective to provide every user with safe, secure, fast, convenient, accessible and affordable e-payment options.

There is 1 question to complete.