Karnataka partnered with NPCI and SBI

Published on December 30, 2021
Current Context: The government of Karnataka has partnered with the National Payments Corporation of India (NPCI) & the State Bank of India (SBI).
Karnataka partnered with NPCI and SBI
  • They have partnered to launch an ‘e-RUPI’ payment solution.
  • The ‘e-RUPI’ payment solution will be launched for students under its scholarship program.
  • To redeem the e-RUPI, the institutes will have to scan QR codes or SMS strings which will be displayed by students through an app.
  • The ‘e-RUPI’ payment solution will lead to performing cashless and contactless payments in a safe and secure manner.
  • The students will be able to make payment of their education fees using the solution.
  • The state government will get e-vouchers delivered to the mobiles of eligible students.
  • Static part: 
    • CM of Karnataka: Basavaraj S Bommai
    • Governor of Karnataka: Thawar Chand Gehlot

Question: 

Q.1 Which state partnered with NPCI and SBI to launch the ‘e-RUPI’ payment solution for the students?
a. Karnataka
b. Maharashtra
c. Jharkhand
d. Kerala
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