Current Context: Yuva Pay is a digital wallet solution which has been launched by Yes Bank in partnership with UDMA Technologies Pvt Ltd.
![‘Yuva Pay’--- By Yes Bank and UDMA Technologies ‘Yuva Pay’--- By Yes Bank and UDMA Technologies](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgINCGTFGm4PTk6Vf_p-1hzmuLOUqSes93D9LPVGaKnXW4swlK51Yri9QqJ7mt13Wkj6onpKt8O9skwL_CJoKxTE_woug_7qFkSuVBjJ0GnPzU-AuqdeDsoYPZE7JieulTenelCYwlwZtgk/s320-rw/Yuva+pay.jpg)
- It is launched to enable contactless payment for its customers.
- Both organisations have launched this app with minimum KYC regulations.
- The app aims to help the low-income group to access the digital and contactless transactions
- This app will enable broad access to secure electronic payment services.
- Static Part:
- HQ of Yes Bank: Mumbai
- MD and CEO of Yes Bank: Prashant Kumar
- HQ of UDMA Technologies: Karnataka
Question:
Q.1 In partnership with whom UDMA Technologies has launched ‘Yuva Pay’ mobile app?
a. IIT-Bombay
b. Yes Bank
c. NITI Aayog
d. Axis Bank
a. IIT-Bombay
b. Yes Bank
c. NITI Aayog
d. Axis Bank