Promotion of Digital Payment Systems
Q. Which of the following is/are true regarding Committee to examine and promote the use of digital payment systems constituted by NITI Aayog?
1) It consists of Chief Ministers of all States/UTs.
2) The Committee will also include Vice Chairman, NITI Aayog.- Published on 01 Dec 16a. Only 1
b. Only 2
c. Both 1 and 2
d. Neither 1 nor 2
ANSWER: Only 2
NITI Aayog has constituted a Committee of Chief Ministers representing different political parties to examine and promote the use of digital payment systems across the country.
The move is in line with the Government’s thinking to promote transparency, financial inclusion and a healthy financial ecosystem nationwide and to give a boost to the adoption of digital payments systems by people at the grass root levels and small businesses.
The Committee will also include Vice Chairman, NITI Aayog; CEO, NITI Aayog; and experts.
