2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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IIT Guwahati
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IIT Lucknow
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IIT Madras
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IIT Kanpur
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Detailed explanation-1: -The IIT-Madras incubated dairy-tech startup, “Stellapps” has launched a first-of-its-kind, fully-automated direct payment platform, ‘mooPay’, for dairy farmers in Rajasthan.
Detailed explanation-2: -mooPay is a subsidiary of Stellapps aimed at helping promote financial inclusion and economic empowerment of farmers. The mooPay system enables an automated digital payment solution that helps dairy officials to transfer the milk payments digitally to member farmers directly into their bank accounts.
Detailed explanation-3: -Detailed Solution The correct answer is Rajasthan. Digital technology solutions provider Stellapps has announced the launch of a first-of-its-kind, fully-automated direct payment platform ‘mooPay’ for dairy farmers in Rajasthan.
Detailed explanation-4: -mooPay acts as a payment gateway for dairies to make payments to every registered farmer, removing the risks and costs of transferring money to hundreds of thousands of farmers in hundreds of villages.