UPPSC PCS 2014 · Question 37 of 150
History
The country’s first Post Office Savings Bank ATM was inaugurated in Chennai on February 27, 2014 by Finance Minister P Chidambaram as a part of the government’s IT modernisation scheme for the Department of Posts. Post Office Bank will also provide services like other banks like current account, savings account, money transfer, DBT, bill utility, enterprise and business related payment services will be provided in IPPB.
Source: edurev.in UPPSC Prelims 2014 GS Paper I with Answer Key and Solutions
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