Current Affairs · Banking Sector Initiatives
Consider the following statements regarding the 'Payments Vision 2025' document released by the Reserve Bank of India (RBI): 1. Payments Vision 2025 aims to elevate payment systems by providing users with affordable, convenient, and accessible e-payment options anytime and anywhere. 2. A key objective of Payments Vision 2025 is to significantly increase cheque-based payments to more than 0.25% of total retail payments. 3. Payments Vision 2025 includes regulations for BigTechs and FinTechs in the payments space and exploring appropriate guidelines for Buy Now Pay Later (BNPL) methods. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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Correct answer
1 and 3 only
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