CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The report on ‘Benchmarking India’s Payment Systems’ was released by ____ in June 2019
A
NABARD
B
RBI
C
NSE
D
SEBI
E
NABARD
Explanation: 

Detailed explanation-1: -2.1 RBI published a report in 2019 on “Benchmarking India’s Payment Systems”, which compared the payments ecosystem in India relative to comparable payment systems and usage trends in other major countries.

Detailed explanation-2: -The Reserve Bank of India today released the report on Benchmarking India’s Payment Systems providing a comparative position of the payments ecosystem in India relative to other major countries.

Detailed explanation-3: -Major reports released by the Reserve Bank, including the Annual Report, Report on Trend and Progress of Banking in India, the Monetary Policy Report, and the Financial Stability Report are issued as supplements to this monthly publication. This is a monthly four-page periodical useful at operational level bankers.

Detailed explanation-4: -About NPCI Bharat BillPay Ltd. NPCI Bharat BillPay Ltd. is a wholly-owned subsidiary of National Payments Corporation of India.

Detailed explanation-5: -Reserve Bank of India has launched a booklet named “BE(A)WARE” which features common modus operandi used by fraudsters and precautions to be taken while carrying out various financial transactions.

There is 1 question to complete.