Multiple Choice Questions on Consider the following statements about India Post Payment Banks 1 It is a public sector company wit........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Consider the following statements about India Post Payment Banks 1 It is a public sector company wit...........

Economic Affairs Types of Banks and Banking
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    Consider the following statements about India Post Payment Banks

    1. It is a public sector company with limited private ownership

    2. The payment bank will be governed by RBI

    3. Instead of ATM cards, IPPB will issue QR code base bio-metric cards

    Which of the statement(s) is/ are true?

    1 and 2 only

    Incorrect Answer

    2 and 3 only

    Correct Answer

    1 and 3 only

    Incorrect Answer

    1, 2 and 3

    Incorrect Answer
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    Explanation:

    The India Post Payments Bank is a public sector company under the department of posts and ministry of communication where the Indian government holds 100 per cent equity.

    By: Vishal
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