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ATM Pricing
Recently, the Reserve Bank of India (RBI) constituted an expert to review the ATM Interchange Fee. Who among the following is the head of the expert group?
A
Sunil Mehta
B
Ramesh Chandra
C
Nadan M. Nilkeni
D
V.G. Kannan
Your Ans is
Right ans is D
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- On 10th June 2019, the RBI constituted a six-member committee to review the ATM interchange fee structure under V.G. Kannan.
- It is tasked to review the existing structures and patterns of costs, charges and interchange fees for ATM transactions.
WTO-Compliant Export Promotion Scheme
Consider the following statements regarding the newly proposed World Trade Organization (WTO)-Compliant Export Promotion Scheme:
- The government proposed a World Trade Organization (WTO)-Compliant Export Promotion Scheme along with a production based support scheme to boost Make in India.
- It is one of the 100-days agenda of the Modi 2.0 government.
- The new export promotion scheme may replace the existing Merchandise Export from India Scheme (MEIS) as the US has challenged India’s existing export subsidy schemes at the WTO on the grounds of its incompatibility with multilateral rules.
- It will be on the nature of refund of all un-rebated central and state taxes and levies scheme on inputs consumed in exports in all sectors.
Which of the given statements is/are correct?
A
1 and 2
B
2 and 4
C
2 and 3
D
1, 2, 3 and 4
Your Ans is
Right ans is D
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- Recently, the government proposed a World Trade Organization (WTO)-Compliant Export Promotion Scheme along with a production based support scheme to boost Make in India. It is one of the 100-days agenda of the Modi 2.0 government.
- The new export promotion scheme may replace the existing Merchandise Export from India Scheme (MEIS).
- It will be on the nature of refund of all un-rebated central and state taxes and levies scheme on inputs consumed in exports in all sectors. Thus, all the given statements are correct.
ATM Pricing
Recently, the Reserve Bank of India (RBI) constituted an expert to review the ATM Interchange Fee. Who among the following is the head of the expert group?
A |
Sunil Mehta
|
|
B |
Ramesh Chandra
|
|
C |
Nadan M. Nilkeni
|
|
D |
V.G. Kannan
|
Your Ans is
Right ans is D
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- On 10th June 2019, the RBI constituted a six-member committee to review the ATM interchange fee structure under V.G. Kannan.
- It is tasked to review the existing structures and patterns of costs, charges and interchange fees for ATM transactions.
WTO-Compliant Export Promotion Scheme
Consider the following statements regarding the newly proposed World Trade Organization (WTO)-Compliant Export Promotion Scheme:
- The government proposed a World Trade Organization (WTO)-Compliant Export Promotion Scheme along with a production based support scheme to boost Make in India.
- It is one of the 100-days agenda of the Modi 2.0 government.
- The new export promotion scheme may replace the existing Merchandise Export from India Scheme (MEIS) as the US has challenged India’s existing export subsidy schemes at the WTO on the grounds of its incompatibility with multilateral rules.
- It will be on the nature of refund of all un-rebated central and state taxes and levies scheme on inputs consumed in exports in all sectors.
Which of the given statements is/are correct?
A |
1 and 2
|
|
B |
2 and 4
|
|
C |
2 and 3
|
|
D |
1, 2, 3 and 4
|
Your Ans is
Right ans is D
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- Recently, the government proposed a World Trade Organization (WTO)-Compliant Export Promotion Scheme along with a production based support scheme to boost Make in India. It is one of the 100-days agenda of the Modi 2.0 government.
- The new export promotion scheme may replace the existing Merchandise Export from India Scheme (MEIS).
- It will be on the nature of refund of all un-rebated central and state taxes and levies scheme on inputs consumed in exports in all sectors. Thus, all the given statements are correct.
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