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The payment scenario in India underwent a significant transformation due to the introduction of the Unified Payment Interface (UPI) by the National Payments Corporation of India International (NPCIL). Hence, statement 1 is correct. Innovation can be driven by a wide range of factors, including advances in technology, changes in consumer preferences, and shifts in market conditions. Hence, statement 3 is incorrect. Digital transformation involves not only the adoption of new technologies but also the rethinking of business processes and organizational structures. Hence, statement 2 is correct.
What is the purpose of the $23 million loan agreement signed between the Government of India and ADB?
Which fintech company has become the first to integrate RBI’s digital currency (CBDC) in its platform?
When were the first Pulitzer Prizes awarded?
What is the primary goal of the MoU signed between NICDC Logistics Data Services Ltd. (NLDS) and Gujarat Infrastructure Development Board (GIDB)?
Which of the following can be identified as the major objectives of NITI Aayog?
1. Fostering cooperative federalism
What areas of cooperation are covered by the Memorandum of Understanding (MoU) signed between India and Saudi Arabia in the field of energy recently?
RBI’s Financial Literacy Week Program was held from _______.
Which Indian festival is anticipated to be the world's largest congregation in 2025?