Fin Tech Conclave 2019

Fin Tech Conclave 2019

Question: Which of the following institution is organizing the Fin Tech Conclave 2019?
(a) Ministry of Science & Technology
(b) ISRO
(c) NASA
(d) NITI Aayog
Answer: (d)
Related facts:

  • India`s think-tank organisation NITI Aayog organised a day long Fin Tech Conclave 2019 on March 25, 2019 at New Delhi.
  • The Conclave was inaugurated by RBI Governor Shaktikanta Das. It hosted more than 300 representatives from the leading financial institutions.
  • The central bank of the country has appointed 5-member committee under the chairmanship of Nandan Nilekani to further deepen digital payments and enhance financial inclusion through Fintech.
  • The objective of the conference was to shape India’s continued growth in Fintech, build the narrative for future strategy and policy efforts, and to deliberate steps for comprehensive financial inclusion.
  • The Conclave featured representatives from across the financial space – central ministries, regulators, bankers, startups, service providers and entrepreneurs.
  • Financial technology (Fintech) is computer programs and is a new technology innovation that aims to compete with traditional financial methods in the delivery of financial services.

Links:
http://ddnews.gov.in/business/niti-aayog-organise-fin-tech-conclave-2019
http://www.newsonair.com/News?title=NITI-Aayog%26%2339%3bs-FinTech-Conclave-to-be-held-in-New-Delhi-today&id=361367