2018
Question
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Recently, NPCI appoints Biswamohan Mahapatra as non-executive chairman. What is the full form of NPCI?
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National Pay Commission of India
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National Payments Corporation of India
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National Payment Commission of India
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Nationwide Pay Corporation of India
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Explanation:
Detailed explanation-1: -National Payments Corporation of India (NPCI) was set up in 2009 as the central infrastructure for various retail payment systems in India and was envisaged by the Reserve Bank of India (RBI) as the payment utility in the country.
Detailed explanation-2: -Mr. Dilip Asbe is the MD & CEO of National Payments Corporation of India (NPCI).
Detailed explanation-3: -Dilip Asbe, MD & CEO of National Payments Corporation of India (NPCI). The shareholders of the National Payments Corporation of India (NPCI) approved the re-appointment of Dilip Asbe as the Managing Director and Chief Executive Officer for a period of five years, the organisation said on September 23.
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