CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has launched Aadhaar Enabled Payment System (AePS) Services recently?
A
State Bank of India
B
India Post Payments Bank
C
NABARD
D
Punjab National Bank
Explanation: 

Detailed explanation-1: -India Post Payments Bank (IPPB) has introduced Aadhaar Enabled Payment System service charges (AePS).

Detailed explanation-2: -AePS - India Post Payments Bank.

Detailed explanation-3: -When was AePS launched in India? In November of 2010, AePS was introduced. It is a bank-led platform that enables digital interoperability of financial transactions.

Detailed explanation-4: -The AePS service developed by NPCI fulfills a wide range of objectives for all who participate within its banking and financial system.

Detailed explanation-5: -The Aadhaar Enabled Payment System (AePS) service charges have been revised by India Post Payments Bank (IPPB). Effective on December 1, 2022, the updated AePS Issuer transaction costs will be in effect.

There is 1 question to complete.