- They have partnered to launch the Unified Payments Interface (UPI) payment system facility in the UAE.
- This will help Indian tourists who travel to UAE for business or leisure purposes. They will be able to perform transactions using UPI-based mobile applications in the UAE.
- This will benefit around 2 million Indians and will also give enhancement to the digital payment mechanism in the UAE.
- Static Part:
- HQ of NPCI: Mumbai
- MD and CEO of NPCI: Dilip Asbe
- NIPL is the wholly-owned subsidiary of NPCI
- CEO of NIPL: Ritesh Shukla
- Capital of UAE: Abu Dhabi
- Currency of UAE: Dirham
Question:
Q.1 The NPCI International Payments Ltd (NIPL) partnered with Mashreq Bank to launch a UPI payment system facility in which country?
a. Qatar
b. Bahrain
c. Saudi Arabia
d. UAE
a. Qatar
b. Bahrain
c. Saudi Arabia
d. UAE
