Question
Which bank is implementing interoperability between
United Payment Interface and Central Bank Digital Currency through which customers can now transact money available in their CBDC wallet across UPI QR code and there will be no need to scan different QR codes at the same merchant?Solution
HDFC Bank is implementing interoperability between United Payment Interface and Central Bank Digital Currency. HDFC Bank has launched the UPI QR code interoperable with India's sovereign digital currency, Central Bank Digital Currency (CBDC). With this, HDFC Bank became one of the first banks in the country to complete the integration process. HDFC Bank customers can now transact money available in their CBDC wallet across UPI QR code and there will be no need to scan different QR codes at the same merchant. Merchants, on the other hand, only need to display one QR code at the storefront or through the acquiring bank’s mobile application. There is no need for merchants to change their existing QR codes.
The first spacecraft to land on the Moon was the:
According to the Ashokan Inscription which of the following was NOT a provincial centre in Magadha Empire?
Which of the following statement(s) is/are correct about Prarthana Samaj?
A. Prarthana Samaj or ‘Prayer Society’ in Sanskrit, was a movement ...
With respect to GST, consider the following statements:
1. Reduces cascading effect
2. Is a comprehensive indirect tax
3. Ai...
The New Development Bank is also referred to as ______ bank?
After serving for 25 years in the organization, Ruchir Sharma has left it, name the organization?
From which date the Reserve Bank of India (RBI) has increased the CRR by 50 basis points to 4.5%?
Which scientific phenomenon is responsible for the southwest monsoon?
The Moderna vaccine developed against coronavirus uses which of the following vaccines technology?
Rongker festival is celebrated by which of the following tribes?
Relevant for Exams:
