Indian Railways during August 2014 launched a contact-less smart card enabling passengers to pay for reserved as well as unreserved travelling train tickets as part of a pilot project. What is the name of this smart card with lifetime validity?

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Go-India
B	Go-Bharat
C	Go-Indian
D	Go-Railway

Explanation:

Detailed explanation-1: -Smart Card is used to purchase tickets through ATVM. Smart Card can be purchased at booking offices at any suburban stations and recharged as per requirements. Commuters get 3% extra value on every recharge.

Detailed explanation-2: -Paytm’s latest ATVM digital payment solution is in addition to the company’s other railway-related offerings, which include e-catering payments and reserved train ticket booking via its smartphone. The new function is part of the company’s nationwide campaign to promote cashless transactions and digital payments.

Detailed explanation-3: -Indian Railway Catering and Tourism Corporation (IRCTC) is an Indian public sector undertaking that provides ticketing, catering, and tourism services for the Indian Railways.

Detailed explanation-4: -Notes: Southern Railway has introduced Quick Response (QR) code-based payment of ticket fare in Automatic Ticket Vending Machines (ATVMs).

There is 1 question to complete.