Current Context: Yuva Pay is a digital wallet solution which has been launched by Yes Bank in partnership with UDMA Technologies Pvt Ltd.
- 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
