Discussion :: Miscellaneous Current Affairs
- Which organization has been instructed by Home Ministry to use core banking services?
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A.
Indian Institute of Packaging (IIP)
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B.
Agricultural and Processed Food Products Export Development Authority (APEDA)
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C.
Non Government Organisation (NGO)
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D.
Indian Institute of Foreign Trade (IIFT)
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Answer : Option C
Explanation :
The Home Ministry has instructed 5,845 Non - Governmental Organisations (NGOs) to open their accounts in banks having core banking facilities and furnish details for real-time access to security agencies in case of any discrepancy. In the latest series of steps taken by the NDA government aimed at checking "errant" NGOs.
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