Question

    Which organization will evaluate India's Unified Payment Interface (UPI) for integrating cross-border remittances through the global postal network?

    A World Trade Organization (WTO) Correct Answer Incorrect Answer
    B Universal Postal Union (UPU) Correct Answer Incorrect Answer
    C International Monetary Fund (IMF) Correct Answer Incorrect Answer
    D United Nations Educational, Scientific and Cultural Organization (UNESCO) Correct Answer Incorrect Answer
    E World Health Organization (WHO) Correct Answer Incorrect Answer

    Solution

    Universal Postal Union (UPU) will evaluate India's Unified Payment Interface (UPI) for integrating cross-border remittances through the global postal network. UPU appreciated India's expansion of physical post offices with digital infrastructure and suggested replicating similar models in other countries. India's post offices have transformed into a digitally powered network, enabling doorstep delivery of government services in remote areas. UPU is a United Nations specialized agency for international cooperation in the postal sector, aiming to ensure a universal network of up-to-date products and services through partnerships and stakeholder engagement. About UPU Founded: 9 October 1874    Headquarters: Bern, Switzerland   Director-General: Masahiko Metoki

    Practice Next