CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Institute for Development and Research in Banking Technology is managed by which organization?
A
RBI
B
SEBI
C
SBI
D
NPCI
Explanation: 

Detailed explanation-1: -Reserve Bank of India. IDRBT - The Institute (www.idrbt.ac.in): The Reserve Bank of India had set up the Institute for Development and Research in Banking Technology (IDRBT) on June 10, 1996 as a Society under the Society Registration Act, governed by a Governing Council (GC).

Detailed explanation-2: -The Institute for Development and Research in Banking Technology (IDRBT) was set up by Reserve Bank of India, at Hyderabad (India), in 1996. IDRBT is an autonomous centre for Development and Research in Banking Technology.

Detailed explanation-3: -The Institute for Development & Research in Banking Technology (IDRBT) is an institution exclusively focused on banking technology. Established by the Reserve Bank of India (RBI) in 1996, the institution works at the intersection of banking and technology. It is located in Hyderabad, India.

Detailed explanation-4: -National Payments Corporation of India NPCI became functional in early 2009. NPCI has taken over National Financial Switch (NFS) from Institute for Development and Research in Banking Technology (IDRBT).

There is 1 question to complete.