CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which platform has been launched by NPCI for a fast and secure platform?
A
Bal
B
Dhanush
C
Vajra
D
Shiva
Explanation: 

Detailed explanation-1: -e-RUPI Contactless Digital Payment Platform.

Detailed explanation-2: -UPSC Mains. Q. What is the name of the new Blockchain-based payment platform of the National Payments Corporation of India (NPCI)? Notes: The National Payments Corporation of India (NPCI) is set to launch its new block-chain based platform, which is named as ‘Vajra’.

Detailed explanation-3: -Vajra platform is based on the Distributed Ledger Technology (DLT) This blockchain-based technology will also help in Aadhaar authentication. Impressed with the safety features of the blockchain technology, the National Payment Corporation of India has launched a blockchain-based payments platform called Vajra.

There is 1 question to complete.