In an effort to provide a safe and secure e-payment option, RBI has launched _________.

Correct option is B

Sol. In an effort to provide a safe and secure e-payment option, the Reserve Bank of India (RBI) launched "Vision 2021."
· Vision 2021 is a strategic initiative aimed at ensuring a safe, secure, efficient, accessible, and inclusive e-payment system in India.
· It focuses on various aspects of digital payments and electronic transactions, including cybersecurity, infrastructure, and regulatory measures, to promote digital financial services and enhance consumer trust in the digital payment ecosystem.
· The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.
· The Central Office of the Reserve Bank was initially established in Kolkata but was permanently moved to Mumbai in 1937.
· The Imperial Bank of India was a separate banking institution that was established in 1921 and later became  the State Bank of India in 1955.
· The Imperial Bank was nationalized in  1955 on the recommendation of the Gorewala Committee and renamed as State Bank of India.