NITI Aayog to Provide has taken an initiative to transfer what amount to each district to Promote Digital Payment

2016

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

A	Rs.8 lakh
B	Rs.10 lakh
C	Rs.3 lakh
D	Rs.5 lakh

Explanation:

Detailed explanation-1: -The NITI Aayog said that it will provide Rs 10 to collectors for every citizen who performs at least two cashless transactions, and upto Rs 5 lakh for every district in India to promote digital transactions.

Detailed explanation-2: -Ministry of Electronics & Information Technology (MeitY), Digital Economy & Digital Payment Division has been entrusted with the responsibility of leading this initiative on “Promotion of Digital Transactions including Digital Payments”.

Detailed explanation-3: -NITI Aayog will provide Rs. 5 lakh for every district in India to encourage digital payment system.

Detailed explanation-4: -Individuals can make payments 24x7 using their mobile number, Aadhaar number, bank account and IFSC code. Users can access IMPS through multiple channels such as mobile, internet, ATM and SMS. Aadhaar Enabled Payment System (AePS):

Detailed explanation-5: -Popular payment instruments like UPI, cards, PPIs are already clocking over 23 billion transactions in a quarter, ” said Ramesh Narasimhan, CEO, India, Worldline.

There is 1 question to complete.