CURRENT AFFAIRS

2022

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which will be the first country6 to adopt India’s UPI platform?

A	Myanmar
B	Bhutan
C	Nepal
D	Bangladesh

Explanation:

Detailed explanation-1: -In a first, the National Payments Corporation of India (NPCI) on Thursday announced that the neighboring country of Nepal will be the first foreign country to adopt India’s UPI system, paving the way for transforming the digital economy of the country.

Detailed explanation-2: -Bhutan has become the first country to adopt India’s UPI standards for its quick response (QR) code. It is also the second country after Singapore to have BHIM-UPI acceptance at merchant locations.

Detailed explanation-3: -In July 2021, Bhutan became the first country to adopt UPI standards for its QR deployment, and the first country in our immediate neighbourhood to accept mobile-based payments through the BHIM App.

There is 1 question to complete.