Which of the following institutions received the Digital Payments Award 2024-25 for its contribution to inclusive banking in rural India?
Question and options
Which of the following institutions received the Digital Payments Award 2024-25 for its contribution to inclusive banking in rural India?
- National Payments Corporation of India
- State Bank of India
- Reserve Bank of India
- India Post Payments Bank
Answer and explanation
Correct answer: D - India Post Payments Bank
India Post Payments Bank received the Digital Payments Award 2024-25 for driving inclusive digital banking in rural India through the postal network. NPCI, SBI and RBI were not the recipients for this contribution.
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