The Committee on Digital Payments has submitted its report to the Union Ministry of Finance.Who is the head of Committee

2016

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

A	Amitabh Kant
B	SS Mundra
C	KS Valdiya
D	Ratan P Watal

Explanation:

Detailed explanation-1: -The correct answer is Ratan P Watal.

Detailed explanation-2: -UPSC Mains Q. Who is the head of the RBI committee to deepen digital payments? Notes: The Reserve Bank of India (RBI) has recently appointed 5-member committee under the chairmanship of Nandan Nilekani to further deepen digital payments and enhance financial inclusion through Fintech.

Detailed explanation-3: -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-4: -India. One of the first online payment systems in the country dates back to 1996, where the Industrial Credit and Investment Corporation of India (ICICI) began to offer their clients online banking services in their retail branches.

Detailed explanation-5: -The Committee on Digital Payments constituted by the Ministry of Finance, Department of Economic Affairs under the Chairmanship of Shri. Ratan P.

There is 1 question to complete.