Who will be the head of committee to suggest steps to promote card payments with an aim to discourage cash transactions.

2016

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

A	Arvind Panagariya
B	Bibek Debroy
C	V. K. Saraswat
D	Ratan P Watal

Explanation:

Detailed explanation-1: -The Reserve Bank has received recommendations from the External Advisory Committees on Payment Banks chaired by Dr. Nachiket Mor and on Small Finance Banks chaired by Smt. Usha Thorat.

Detailed explanation-2: -Detailed Solution. A High-Level Committee on Deepening of Digital Payments has been set up by the Reserve Bank of India under the Chairmanship of Nandan Nilekani.

Detailed explanation-3: -The Committee on Digital Payments was constituted by the Ministry of Finance under the chairmanship of Ratan P Watal. The committee was appointed to recommend appropriate measures for encouraging digital payments in India.

Detailed explanation-4: -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.