RBI has made some changes to the monitoring structure of Financial Markets Infrastructure and Retail Payment Systems with the aim to ensure the security of the payment structure. Headquarters of RBI is in which state?

2020

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

A	Uttar Pradesh
B	Maharashtra
C	Delhi
D	Madhya Pradesh

Explanation:

Detailed explanation-1: -Automated responses on information related to digital payment products and services are available in Hindi and English through multiple options like – (a) toll-free number (1800-891-3333), (b) a short code (14431), (c) website – www.digisaathi.info, and chatbots.

Detailed explanation-2: -The reform policies led to the establishment of private sector banks. Banks were given freedom to set up new branches and determine the rate of interest to be offered on various deposits. Banks have been given permission to generate resources from India and abroad through capital market.

Detailed explanation-3: -Overview. Under the Reserve Bank of India, Act, 1934 (RBI Act, 1934) (as amended in 2016), RBI is entrusted with the responsibility of conducting monetary policy in India with the primary objective of maintaining price stability while keeping in mind the objective of growth.

There is 1 question to complete.