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GK MCQs Section

Page-2 of Topic: Digital Banking

Payment Infrastructure Development Funds

The Reserve Bank of India recently announced operational guidelines to Payment Infrastructure Development Funds. The main aim of the funds is to deploy more digital payment infrastructure across...

January 7, 2021

DakPay of India Post Payment Bank

“DakPay” is an application launched by India post payment Bank as a part of its ongoing initiatives to provide digital financial inclusion to the country. The application was...

December 16, 2020

Bengaluru accounts for the highest number of digital transactions in India

As per the recent report by online payment processor Worldline India, Bengaluru accounted for the highest number of digital transactions in India in 2019. Bengaluru, which was the leading city...

February 28, 2020

GoI to increase reach of banking in the North-East Tea Garden areas

On February 27, 2020, the Finance Minister Nirmala Sitaraman announced that the banking in the North East Region is to be increased. Highlights The minister in a meeting...

February 28, 2020

EASE 3.0 launched by the Finance Minister to enhance Ease of Banking

On February 26, 2020, the Finance Minister Nirmala Sitaraman launched Enhanced Access and Service Excellence (EASE 3.0). It was launched along with the annual report of EASE 2.0...

February 27, 2020

RBI to launch Digital Payments Index

The Reserve Bank of India (RBI) recently released its statement on developmental and regulatory policies, along with the February 2020 Monetary policy statement. In the statement, the central...

February 7, 2020

Fake Crypto-currency menace on the Rise

The rise of digital penetration in the world has lead to an increase in the instances of cyber crimes and digital fraud in recent years. The latest in...

August 21, 2019

To promote Digital Payment, SBI plans to eliminate Debit Cards

To provide a flip to the government’s vision to increase digital payments in India, the largest bank in India, the State Bank of India (SBI) plans to eliminate...

August 20, 2019

Digital Kleptocracy

A government in which corrupt leaders (kleptocrats) use their power to exploit the people and natural resources of a country to increase their personal wealth and political powers...

July 31, 2019

RBI sets up Sudarshan Sen-headed Working Group on Fin Tech and Digital Banking

The Reserve Bank of India (RBI) has set up an inter-regulatory Working Group to study the regulatory issues relating to Financial Technology (Fintech) and Digital Banking in India...

July 15, 2016

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