MEA & SBI Signed MoU to Enhance Digital Payment Services for Users eMigrate Portal

Current context: The Ministry of External Affairs (MEA) and the State Bank of India (SBI) signed a Memorandum of Understanding (MoU) on June 15, 2024 in New Delhi, to improve digital payment options for users of the eMigrate portal.

• This collaboration aims to make it easier for Indian migrant workers, recruiting agents, and anyone else who uses the eMigrate portal to pay emigration-related fees.
• Here are the key benefits of the MoU:
• More payment options: Users will be able to pay through SBIePay, SBI's payment gateway, which accepts UPI, credit/debit cards, and NEFT via net banking of all Indian banks.
• No transaction charges: There will be no fees for using any of these payment methods.
• Simpler process: This should make the process of paying emigration fees quicker and more convenient.

Question:

1 What was the primary purpose of the Memorandum of Understanding (MoU) signed between the Ministry of External Affairs (MEA) and the State Bank of India (SBI) on June 15, 2024?

• A) To launch a new eMigrate portal
• B) To improve digital payment options for users of the eMigrate portal
• C) To reduce the fees for passport applications
• D) To provide loans for Indian migrant workers

Answer: B) The Ministry of External Affairs (MEA) and the State Bank of India (SBI) signed a Memorandum of Understanding (MoU) on June 15, 2024 in New Delhi, to improve digital payment options for users of the eMigrate portal.