![India, Russia Agreed to Explore RuPay and Mir cards for Easy Payments India, Russia Agreed to Explore RuPay and Mir cards for Easy Payments](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi0FRGeJRsHNnYaoFAp5j7pnwQT7OQznWRQHoOXyfJJCnk4kqUQS5EE-IiWkuT55_AZmS6XdZK4j0C3aWPSq3dGYxGoR_y47876NArDDC1b4ZPqfPOPpSBoYwPot5-CXoEeh9euZftBzZCJswvo5tVX76AG4e873Ezml-6YQ_6uI4V3vAg9qpH518UJ/w320-h213-rw/istockphoto-1148171542-612x612.jpg)
- This will facilitate transactions in Indian rupees and Russian rubles, making it easier for citizens of both countries to carry out cross-border payments.
- They also agreed to explore the possibility of interaction between India’s Unified Payments Interface (UPI) and Russia’s Faster Payments System (FPS).
- This is necessary to minimize the impact of sanctions imposed on Russia by the West.
Question:
Q.1 Which two payment cards are India and Russia exploring to accept in each other’s country?a. Visa and Mastercard
b. RuPay and Mir
c. Paytm and Yandex
d. UPI and FPS