Explanation:

This is a current affair cum factual question. This was in news just before the examination. The Payments Infrastructure Development Fund (PIDF) was set up by the Reserve Bank of India (RBI) to subsidise the deployment of Points of Sale (PoS) infrastructure (physical and digital modes) in tier-3 to tier-6 centres and north-eastern states of the country in June 2020, has reached a corpus of Rs 811.4 crore, the RBI said today. Increasing payments acceptance infrastructure by adding 30 lakh touch points – 10 lacks physical and 20 lakh digital payment acceptance devices every year. It generally happens that something new comes an earlier year and we get to see updates regarding the same. In this situation, students should make sure to cover the previous static part of the same for good understanding and eventually good marks.