Current Affairs

GK MCQs Section

Page-3 of Archives: July, 2016

Democratic Consolidation [UGC NTA NET Political Science Notes]

Democratic consolidation is a critical concept in political science, particularly in the study of democratisation. It refers to the process by which a new democracy matures and becomes...

July 30, 2016

Aadhaar-Linked Authentication

Aadhaar-linked authentication is a digital identity verification mechanism that enables individuals to authenticate themselves using their Aadhaar credentials while accessing banking and financial services. In the context of...

July 30, 2016

GK & Current Affairs – July 27, 2016

1. The book “Those Pricey Thakur Girls” has been authored by whom? [A]Neelam Kumar [B]Anuja Chauhan [C]Vikram Seth [D]Twinkle Khanna Answer: Anuja ChauhanNotes: The book “Those Pricey Thakur...

July 30, 2016

Aadhaar-to-Aadhaar Fund Transfer

Aadhaar-to-Aadhaar Fund Transfer (A2AFT) refers to a digital payment mechanism in India that enables the transfer of funds directly between two individuals using their Aadhaar numbers as the...

July 30, 2016

Accenture’s Role in CBDC Pilots

Central Bank Digital Currencies (CBDCs) represent a significant evolution in the nature of money and payment systems, combining the trust of sovereign-issued currency with the efficiency of digital...

July 30, 2016

Account Aggregator (AA)

The Account Aggregator (AA) framework is a consent-based data-sharing system introduced in India to enable individuals and businesses to securely share their financial information with regulated entities. It...

July 30, 2016

Account Aggregator Framework

The Account Aggregator Framework is a consent-based financial data-sharing architecture introduced in India to transform the way financial information is accessed, shared, and utilised within the banking and...

July 30, 2016

Account Aggregator Network

The Account Aggregator Network is a digitally interconnected ecosystem in India that enables secure, consent-based sharing of financial data among regulated entities. It operationalises the Account Aggregator framework...

July 30, 2016

Account Portability

Account portability refers to the ability of customers to seamlessly transfer or share their financial account information across banks and financial institutions without facing procedural, technical, or institutional...

July 30, 2016

Account-based CBDC

An account-based Central Bank Digital Currency (CBDC) is a form of digital sovereign money issued by a central bank and held in accounts maintained either directly with the...

July 30, 2016

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