Current Affairs - Miscellaneous - Discussion
Discussion Forum : Miscellaneous - Latest Current Affairs (Q.No. 4954)
4954.
How many post offices have to be empowered as Payments Banks as per the report of Communications and Railways Minister Manoj Sinha?
Answer: Option
Explanation:
Communications and Railways Minister Manoj Sinha said that, the government aims to empower 1.55 lakh post offices after integration with 650 Payments Banks to offer digital services including financial inclusion. The Payments Banks will offer direct benefit transfer (DBT) to a large number of people. ndia Post Payments Bank (IPPB) launched its pilot services in Raipur and Ranchi in January 2017. He also launched Digital Advancement of Rural Post Office for a New India or Darpan program with a budget of Rs 1,300 crore, under the IT modernisation initiative to enable digital transactions and online postal services in 1.29 branch post offices in rural regions of India.
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