Question : A report named "Payments Vision 2025 " is released by which institution?
Option 1: Ministry of Finance
Option 2: NITI Aayog
Option 3: Reserve Bank of India
Option 4: Ministry of Corporate Affairs
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Correct Answer: Reserve Bank of India
Solution : The correct answer is the Reserve Bank of India.
The Reserve Bank of India (RBI) has recently unveiled its "Payments Vision 2025," aligning with India's initiatives and G-20 focus on improving cross-border payments. The vision addresses key challenges such as cost, speed, access, and transparency. Notably, it emphasizes the ring-fencing of domestic payment systems to mitigate emerging geopolitical risks by mandating domestic processing of payment transactions. The overarching theme is 'E-Payments for Everyone, Everywhere, Everytime' (4Es), aiming to offer secure, fast, convenient, and affordable e-payment options to all users.
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Question : In June 2022, the Reserve Bank of India (RBI) released a report titled______.
Option 1: Digital Currency Vision 2030
Option 2: Payments Vision 2025
Option 3: Digital Currency Vision 2025
Option 4: Payments Vision 2030
Question : The bank rate in the Indian economy is determined by the ________.
Option 1: State Bank of India
Option 2: Reserve Bank of India
Option 3: Finance Ministry of India
Option 4: Securities and Exchange Board of India
Question : The Competition (Amendment) Bill, 2022 belongs to _______ Ministry of India.
Option 1: Tribal Affairs
Option 2: Corporate Affairs
Option 3: Finance
Option 4: Law and Justice
Question : Which organisation of the government of India reports the GDP of the country?
Option 1: Securities and Exchange Board of India
Option 2: Central Statistics Office
Option 3: NITI Aayog
Option 4: Reserve Bank of India
Question : PM Street Vendor's Atma Nirbhar Nidhi (PM SVANidhi) scheme was launched by which ministry?
Option 1: Ministry of Consumer Affairs
Option 2: Ministry of Finance
Option 3: Ministry of Commerce
Option 4: Ministry of Housing and Urban Affairs
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