Module: General Practice
Q20: Which retail payment system is specifically mentioned as enabling the disbursal of government subsidies, and Direct Benefit Transfers (DBT)?
✅ Correct Answer: A
The National Automated Clearing House (NACH) is designed for bulk and repetitive payments.
It enables features like auto-debits for EMIs and auto-credits for disbursing payments like salaries, pensions, and government subsidies under DBT, as noted in the RBI's Payment Systems Report - June 2025.
It enables features like auto-debits for EMIs and auto-credits for disbursing payments like salaries, pensions, and government subsidies under DBT, as noted in the RBI's Payment Systems Report - June 2025.