Banking & Insurance - General, Financial & Banking Awareness

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Q1.

Payment Systems & Fintech: In 'NPCI and Digital Payment Systems: UPI, IMPS, RTGS, NEFT, AePS, NETC FASTag', Unified Payments Interface (UPI) was developed by:

(A)
National Payments Corporation of India (NPCI) (NPCI and Digital Payment Systems: UPI, IMPS, RTGS, NEFT, AePS, NETC FASTag)
(B)
Reserve Bank of India directly
(C)
State Bank of India
(D)
NITI Aayog
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Q2.

Priority Sector Lending (PSL): Under RBI norms in 'NPCI and Digital Payment Systems: UPI, IMPS, RTGS, NEFT, AePS, NETC FASTag', domestic scheduled commercial banks must allocate what percentage of ANBC to priority sectors?

(A)
$40\%$ of Adjusted Net Bank Credit (ANBC) (NPCI and Digital Payment Systems: UPI, IMPS, RTGS, NEFT, AePS, NETC FASTag)
(B)
$25\%$
(C)
$18\%$
(D)
$50\%$
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