Question

    Recently National Payments Corporation of India (NPCI) and the which country’s Central Bank joins hand for cooperation in digital finance and payments for the usage of RuPay and UPI?

    A Central Bank of China Correct Answer Incorrect Answer
    B Central Bank of Japan Correct Answer Incorrect Answer
    C Central Bank of Oman Correct Answer Incorrect Answer
    D Central Bank of Russia Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Cooperation in digital finance and payments-An agreement is to be signed between the National Payments Corporation of India (NPCI) and the Central Bank of Oman (CBO) for cooperation in digital finance and payments for the usage of RuPay and UPI. Oman is set to be the latest country in West Asia to start using India's RuPay card and UPI platform, which will benefit the huge Indian diaspora in the country. NPCI Headquarters: Mumbai MD & CEO: Dilip Asbe Central Bank of Oman (CBO) Headquarters: Ruwi, Muscat, Oman CEO: Abdulaziz Al-Rawahi

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