Question
NPCI International Payments Ltd (NIPL), announced that
BHIM UPI is now live at NEOPAY terminals across ___________.Solution
NPCI International Payments Ltd (NIPL), the international arm of the National Payment Corporation of India, has announced that BHIM UPI is now live at NEOPAY terminals across the UAE. This initiative will empower millions of Indians who travel to the UAE, to safely and conveniently make payments using BHIM UPI. NIPL and NEOPAY, the payment subsidiary of Mashreq Bank, partnered last year to create the acceptance infrastructure in the UAE.
Consider the following statements about monetary policy:
1. The Reserve Bank of India (RBI) uses monetary policy to regulate money supply and int...
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