Statements I and III are correct. Statement II is incorrect as NPCI has engaged in other international collaborations. • NPCI International Payments Ltd. (NIPL), the international division of the National Payments Corporation of India (NPCI), has entered into an agreement with the Bank of Namibia to assist in developing an instant payment system similar to India's Unified Payment Interface (UPI) for Namibia. • This partnership aims to modernize Namibia's financial ecosystem by leveraging the technology and expertise developed through India's UPI system. • Such international collaborations highlight the expansion of Indian digital payment systems globally, it underscores India’s role in influencing global financial technology and cooperation. Learn Along: About NPCI • National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India. • MD & CEO: Mr. Dilip Asbe
The Aviation Park inaugurated recently is located in:
Who has been appointed as the Director General of the National Investigation Agency (NIA) as of 2024?
India's first underwater metro expected to be ready by ______?
Where will the fifth edition of the Global Ayurveda Festival (GAF 2023) be held?
As per NielsenIQ’s report, which category of FMCG products contributed significantly to rural growth in India despite rising prices?
World Health Organization (WHO) recently recommended a new vaccine, R21/Matrix-M, for the prevention of which diesease in children?
Who topped the Edelgive Hurun India Philanthropy List 2023 with a significant donation for the fiscal year 2022-23?
Which organization did the United Arab Emirates withdraw from, which is tasked with securing Gulf waterways vital to the global oil trade?
The National Bank for Agricultural and Rural Development (Nabard) has issued three-year, three-month and 19-day bonds worth _______ at a 7.50% rate of i...
Which railway station of East Coast Railway has been awarded the 'Green Railway Station Certification with highest rating of Platinum?
