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Who lead the 5-member panel constituted by Reserve Bank of India(RBI), which suggests 24×7 RTGS, NEFT, elimination of all charges in order to promote digital payments in India ?
  • a)
    H R Khan
  • b)
    Kishore Sansi
  • c)
    Nandan Nilekani
  • d)
    Aruna Sharma
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
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Who lead the 5-member panel constituted by Reserve Bank of India(RBI),...
The Reserve Bank of India(RBI) appointed 5-member panel led by Nandan Nilekani recommended measures like 24×7 Real-Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) facility, duty-free import of Point-of-sales(POS) machines and elimination of all charges in order to promote digital payments in India. Policy recommendations were made to all major regulators such as RBI, Securities and Exchange Board of India (SEBI) , Insurance Regulatory and Development Authority of India (IRDAI) and Department of Telecommunications (DoT) with the objective to reduce cash based payments.
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Who lead the 5-member panel constituted by Reserve Bank of India(RBI), which suggests 24×7 RTGS, NEFT, elimination of all charges in order to promote digital payments in India ?a)H R Khanb)Kishore Sansic)Nandan Nilekanid)Aruna Sharmae)None of theseCorrect answer is option 'C'. Can you explain this answer?
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