BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Smart card has been introduced on the recommendations of which committee among the following?
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Rangarajan committee
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Panneerselvam committee
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Saraf committee
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Nayak committee
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Explanation:
Detailed explanation-1: -The correct answer is Nariman Committee.
Detailed explanation-2: -By 1977, three commercial manufacturers, Bull CP8, SGS Thomson, and Schlumberger, started developing smart card products. In March 1979, Michel Hugon from Bull CP8 was the first to design and develop a microprocessor-based card combining a processor and local memory. He invented the computerized smart card.
There is 1 question to complete.