CURRENT AFFAIRS

2019

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

Which committee has recently submitted report on digital payments to RBI?

A	Kishore Sansi committee
B	Nandan Nilekani committee
C	H R Khan committee
D	Aruna Sharma committee

Explanation:

Detailed explanation-1: -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. He is the former Chairman of the UIDAI.

Detailed explanation-2: -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-3: -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: -The RBI-DPI index has demonstrated significant growth representing the rapid adoption and deepening of digital payments across the country in recent years.

Detailed explanation-5: -Mahapatra, Chairman NPCI today launched three key initiatives from the dais of the Global Fintech Fest 2022 held in Mumbai, Maharashtra that will take India’s digital payments journey to the next level - RuPay Credit Card on UPI, UPI LITE, and Bharat BillPay Cross-Border Bill Payments.

There is 1 question to complete.