Current Affairs · Government Bodies and Schemes
Consider the following statements regarding India Post Payments Bank (IPPB): I. It is a 100% Government of India-owned entity under the Ministry of Communications. II. It can offer credit cards and loans directly to rural customers through the postal network. III. IPPB uses identity-based biometric authentication for transactions and account access. IV. It is regulated by the Reserve Bank of India. V. It can accept savings deposits up to a specified regulatory limit per account. How many of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only two
- 2All five
- 3Only four✓
- 4Only three
Correct answer
Only four
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