What is the aim of the integration between India's UPI and Nepal's NPI as per the pact signed by RBI and Nepal Rastra Bank?
• Reserve Bank of India (RBI) and Nepal Rastra Bank (NRB) signed and exchanged Terms of Reference (ToR) to integrate fast payment systems of India and Nepal through Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal. • The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems to make instant, low-cost fund transfers. • The collaboration between India and Nepal in linking their fast payment systems through the UPI-NPI linkage would further deepen financial connectivity and “reinforce the enduring historical, cultural, and economic ties between the two countries. Learn Along: About UPI • Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. • It also caters to the “Peer to Peer” collect request which can be scheduled and paid as per requirement and convenience. • NPCI conducted a pilot launch with 21 member banks. The pilot launch was on 11th April 2016 by Dr. Raghuram G Rajan, Governor, RBI at Mumbai. About RBI Founded: 1 April 1935 Headquarters: Mumbai Governor: Shaktikanta Das
In which of the following combination both the persons are facing towards each other?
Who among the following faces Umesh?
How many seats are between P and O when counted from the left of O?
Seven persons, P, Q, R, S, T, U and V sit in a linear row and face in the north direction, but not necessarily in the same order. Two persons sit betwee...
If ‘X’ is related to ‘W’ and ‘T’ is related to ‘S’ in a certain way, then ‘U’ is related to which of the following?
...Which of the following statement is true?
Which of the following statement is true?
Who sits fourth to the left of G?
Who among the following lives on floor numbered 5?
Seven persons are sitting in a row. M is sitting with P and R, O is sitting with R and S, who is sitting with O and Q and P is sitting with N and M. Who...