New 55% Off on All Courses - Enroll Now! Click Here

    Question

    Which of the following statements accurately describe

    the launch of UPI at Galeries Lafayette in Paris? 1. UPI was launched as part of an effort to globalize the payments interface. 2. The launch aims to facilitate cross-border digital payments ahead of the Paris Olympics 2024. 3. The first international launch of UPI was in France in 2018.
    A Only 1 and 2 Correct Answer Incorrect Answer
    B Only 2 and 3 Correct Answer Incorrect Answer
    C Only 1 and 3 Correct Answer Incorrect Answer
    D All 1, 2, and 3 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    UPI's launch in Paris is part of an effort to globalize the payments interface (Statement 1) and facilitate cross-border digital payments ahead of the Paris Olympics 2024 (Statement 2). The first international launch of UPI was actually in Singapore in 2018, not France (Statement 3).

    Practice Next

    Relevant for Exams: