2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Amazon Pay
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Paytm
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GPay
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PhonePe
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Detailed explanation-1: -NITI Aayog, in collaboration with PhonePe, AWS (Amazon Web Services), and EY (Ernst & Young Global Limited), has organized a three-week-long virtual summit, ‘Fintech Open’, from 7–28 February. The summit was inaugurated by Union Minister for Railways, Communications, and Electronics and IT Ashwini Vaishnaw.
Detailed explanation-2: -7 Feb Rajiv Kumar, Vice Chairman, NITI Aayog introduces the first-ever Fintech Open Month that will facilitate furthering the agenda of financial inclusion across India.
Detailed explanation-3: -The overarching theme of Fintech Month of NITI Aayog is ‘OPEN’. An open platform is created using public investment, wherein numerous private entrepreneurs, start-ups and developers can join to create new solutions.
Detailed explanation-4: -NITI Aayog on Wednesday said it will partner with PhonePe to host the first-ever open-to-all hackathon event for ideating and coming up with creative solutions for the FinTech space.
Detailed explanation-5: -Commencing on 7th February 2022, the Fintech Open month is a first-of-its-kind initiative bringing together regulators, Fintech professionals and enthusiasts, industry leaders, the start-up community, and developers on a common platform to collaborate, exchange ideas, and innovate.