Which of the following committee has setup to suggest steps to promote card payments through incentives like tax rebates and cash back schemes?
A. Arvind Subramanian Committee
B. Ratan P Watal Committee
C. Shashi Shekhar Committee
D. Madhav Chitale Committee
Answer:B
Which of the following committee has setup to suggest steps to promote card payments through incentives like tax rebates and cash back schemes?
A. Arvind Subramanian Committee B. Ratan P Watal Committee C. Shashi Shekhar Committee D. Madhav Chitale Committee
Explanation: The Union Finance Ministry on 26 August 2016 constituted a high-level committee to suggest steps to promote card payments through incentives like tax rebates and cash back schemes. The committee was constituted with an aim to discourage cash transactions.