Purpose for Which IDRBT was formed

Q.  Which of the following organisations has been set up to facilitate connectivity between the Bank's switches and their ATMs, and inter bank payment gateway for authentication and routing the payment details of various e-commerce transactions?
- Published on 20 Jul 15

a. IBA
b. IDRBT
c. IRDA
d. SIDBI

ANSWER: IDRBT
 
Institute for Development & Research in Banking Technology is a banking research institute established by Reserve Bank of India in 1996.

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