BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Institute for Development & Research in Banking Technology (IBDRT) is a unique institution exclusively focused on Banking Technology. Established by the Reserve Bank of India in
A
2001
B
1999
C
1992
D
1996
Explanation: 

Detailed explanation-1: -The Institute for Development & Research in Banking Technology (IDRBT) is an institution exclusively focused on banking technology. Established by the Reserve Bank of India (RBI) in 1996, the institution works at the intersection of banking and technology.

Detailed explanation-2: -Castle Hills, Road No. 1, Masab Tank, Hyderabad, Telangana-500057, India.

Detailed explanation-3: -The objective of IDRBT was to spearhead technology absorption in the banking and financial sector of the country.

Detailed explanation-4: -IFTAS was established in February 2015 by the Institute for Development and Research in Banking Technology (IDRBT), an autonomous organization funded by the Reserve Bank of India, in pursuance of the recommendation of the Rangarajan Committee (2009).

There is 1 question to complete.