Questions

I. Inputs

• Project scope statement


• Work breakdown structure


• WBS dictionary


• Project scope management plan


• Performance reports


• Approved change requests


• Work performance information

II. Tools and Techniques

• Change control system


• Variance analysis


• Replanning


• Configuration management system

III. Outputs

• Project scope statement(updates)


• Work breakdown structure(updates)


• WBS dictionary (updates)


• Scope baseline (updates)


• Requested changes


• Recommended  corrective action


• Organizational process assets (updates)


• Project management plan (updates)

I. Inputs

• Organizational process assets


• Project scope statement 


• Risk management plan


• Risk register

II.  Tools and Techniques

• Risk probability and impact assesment


• Probability and impact matrix


• Risk data quality assessment


• Risk categorization 


• Risk Urgency assessment

III. Outputs

• Risk register (updates)

Something that saves your money is cost-effective and is also called as economical.

Airtel Payments Bank is the first payment bank in India. A payments bank is a new category of banks conceptualized by the Reserve Bank of India, which operates at a smaller scale than an actual bank and doesn't involve any credit risk. It can carry out most banking operations but can't advance loans or issue credit cards.

The RBI as of date has given licences to 11 payments bank of which six are currently operational. These include

1. Aditya Birla Payments Bank,
2. Airtel Payments Bank,
3. India Post Payments Bank,
4. Fino Payments Bank,
5. Jio Payments Bank (and)
6. Paytm Payments Bank.

The given sentence is in simple past. No improvement required.