Current Affairs One-Liner: 12th September 2020

September 12, 2020
  • Central Bank Digital Currencies (CBDCs) Testing Platform: It is launched by MasterCard. It is the virtual testing platform to assess and explore national digital currencies.
  • Static Part: 
    • HQ of MasterCard: New York, United States
  • ‘Cash Advance’: It is launched by Razorpay. It is the short term, free credit line launched for businesses in order to improve their cash flow by providing easy and fast finance processes. Under this, MSMEs can avail working capital with a credit limit of Rs 50,00 to Rs 10 lakhs via Razorpay dashboard.
Current Affairs One-Liner: 12th September 2020

Question: 

Q.1 Who among the following launched Central Bank Digital Currencies (CBDCs) Testing Platform?
a. Microsoft
b. Mastercard
c. Visa
d. Capital One

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