Explanation: The National Automated Clearing House (NACH) system has also facilitated Government Direct Benefit Transfers (DBT) payments digitally and eliminating leakages in the system. NACH System can be used for making bulk transactions towards distribution of subsidies, dividends, interest, salary, pension etc. and also for bulk transactions towards collection of payments pertaining to telephone, electricity, water, loans, investments in mutual funds, insurance premium etc.
Which of the following is the correct match of column-A with column-B?
Who gets the status of Public Sector Banks of India?
For the increase in the pace of construction of National Highways in the country the Union Minister Nitin Gadkari has stated that the work will go on at...
When was the National Green Tribunal established by the Government of India?
On whose advice did Gandhiji spend a year travelling around British India to know the people of India?
Who are covered in the Banking Ombudsman umbrella?
Who is known as the father of genetics?
Abhijit Vinayak Banerjee was awarded the 2019 Nobel Memorial Prize in:
India launched ‘Operation Kaveri’ to evacuate Indians from which of the following countries?
Recently two new Beaches were added in the coveted list of Blue Beaches, it belong to which State/UTs?