CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
PM Modi launched the RuPay card in which among the following gulf countries, Recently?
A
UAE
B
Bahrain
C
Saudi Arabia
D
Oman
Explanation: 

Detailed explanation-1: -The correct answer is Saudi Arabia.

Detailed explanation-2: -National Payments Corporation of India (NPCI) and Central Financial institution Of Oman signed a historic MoU to launch the Rupay debit card in Oman.

Detailed explanation-3: -A Memorandum of Understanding (MoU) to establish a technology interface between the payment platforms in India and UAE was exchanged between the National Payments Corporation of India and UAE’s Mercury Payments Services. UAE is the first country in the Gulf where RuPay was launched.

Detailed explanation-4: -Users of RuPay JCB Credit and Debit cards can get up to 40% cashback for in-store purchases in places like Australia, Qatar and the United Arab Emirates (UAE), which includes Dubai. This is a limited-period offer valid up to December 31, 2022.

Detailed explanation-5: -Nirmala Sitharaman said that Singapore and UAE have shown interest to accept the RuPay payment system acceptable in their countries.

There is 1 question to complete.