2016
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
PNB
|
|
|
RBI
|
|
|
ICICI Bank
|
|
|
SBI
|
Detailed explanation-1: -Singapore, India, 26 Apr 2016-DBS Bank, Singapore’s largest bank and a leading bank in Asia, today officially unveiled digibank, India’s first mobile-only bank.
Detailed explanation-2: -Digital banking started taking shape in India during the late 1990s. ICICI bank was the first one to introduce this service to their retail customers.
Detailed explanation-3: -The Minister stated in response to another question that RBI has already rolled out a pilot in the retail version of the CBDC (e₹-R), on December 01, 2022. The e₹-R is in the form of a digital token that represents legal tender. It is being issued in the same denominations as the paper currency and coins.
Detailed explanation-4: -This February, the government picked up the idea and made it a national goal to support financial inclusion, when Finance Minister Nirmala Sitharaman announced the establishment of 75 digital banking units (DBUs) across 75 districts in Budget 2022-23.