CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Direct-to-home operator Dish TV has tie-up with which bank for digital payments
A
Axis Bank
B
ICICI Bank
C
YES Bank
D
HDFC Bank
Explanation: 

Detailed explanation-1: -United Payments Interface (UPI) UPI is a digital payments system that brings various bank accounts under a single application. This feature allows easy money transfers between parties with just a few clicks. Customers do not need a card or bank details, making it a popular digital payment method.

Detailed explanation-2: -One of the first online payment systems in the country dates back to 1996, where the Industrial Credit and Investment Corporation of India (ICICI) began to offer their clients online banking services in their retail branches.

Detailed explanation-3: -The three digital payment initiatives that were launched by the RBI are RuPay Credit Card on Unified Payments Interface (UPI), UPI Lite, and Bharat BillPay Cross-Border Bill Payments.

There is 1 question to complete.