Question: Who has been appointed chairman of a committee to assess digitalization of payments?
(a) Nandan Nilekani
(b) Sunil Mehta
(c) Raghuram Rajan
(d) E. Sreedharan
Answer: (a)
Related facts:
- The Reserve Bank of India (RBI) constituted a high-level committee headed by former chairman of the Unique Identification Authority of India (UIDAI) Nandan Nilekani in order to encourage digitisation of payments and enhance financial inclusion through digitisation.
- The committee will submit its report within 90 days.
- The panel would assess the current levels of digital payments; it will suggest measures to increase the confidence of customers by strengthening the safety and security of digital payments. It will also suggest a medium-term strategy for deepening of digital payments.
- Besides Aadhaar architect Nilekani, the other members of the panel are former RBI deputy governor H.R. Khan, former MD and CEO of Vijaya Bank, Kishore Sansi, former secretary in the ministry of IT and Steel Aruna Sharma and chief innovation officer at the Center for Innovation, Incubation and Entrepreneurship, IIM Ahmedabad, Sanjay Jain.