Current Affairs

General Studies Prelims

General Studies (Mains)

Cashless Payments

Cashless payments are becoming increasingly popular. They offer convenience and speed. Digital wallets and mobile apps facilitate transactions. This trend reduces the need for physical cash. It also enhances security against theft. However, challenges remain. Not everyone has access to technology. Some people prefer traditional methods. The shift towards cashless systems reflects changing consumer behaviour. It impacts the economy and financial inclusion.

Nation First Transit Card

State Bank of India (SBI) has unveiled the 'Nation First Transit Card,' a RuPay prepaid instrument operating within...

 September 8, 2023

RBI’s Innovative Move: UPI QR Code and CBDC Interoperability

Interoperability, in the context of payment systems, refers to the technical compatibility that allows different payment systems to...

 September 6, 2023

India Post Payments Bank (IPPB)

India Post Payments Bank (IPPB) achieved its first operational profit of Rs 20.16 crore in 2022-23, showcasing commitment...

 August 24, 2023

PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme

The PM SVANidhi (Pradhan Mantri Street Vendor's AtmaNirbhar Nidhi) scheme, launched by the Ministry of Housing and Urban...

 August 3, 2023

Digital Payment Index

In recent years, India has witnessed a remarkable surge in the adoption of digital payments, with various initiatives...

 July 29, 2023

QCVM

The Reserve Bank of India (RBI) is taking a major step towards promoting digital transactions in India by...

 February 13, 2023

Government gives boost to cashless payments and NPA

The Union Government has approved measures to promote payments through cards and other electronic means to check tax...

 December 9, 2022

New NHAI Guidelines to reduce waiting time in Toll Centres

National Highways Authority of India (NHAI) has issued guidelines for Toll centres related to reducing waiting time to...

 May 28, 2021

RBI Explores Expansion of Payment System Abroad

Recent reports reveal that the Reserve Bank of India (RBI) is considering extending its payment system worldwide in...

 June 14, 2020

Businesses to Offer Low-cost Digital Payment Options from 2020

In a significant move towards the promotion of digital transactions, businesses with an annual turnover exceeding ₹50 crore...

 December 30, 2019

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