New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the purpose of the agreement signed between

    Google Pay and NPCI International Payments?
    A Domestic UPI Transactions Correct Answer Incorrect Answer
    B Expanding UPI for International Payments Correct Answer Incorrect Answer
    C Launching a New Payment App Correct Answer Incorrect Answer
    D Cross-border Digital Wallet Correct Answer Incorrect Answer
    E Merger of UPI with Other Payment Systems Correct Answer Incorrect Answer

    Solution

    Explanation:

    The agreement between Google Pay and NPCI International Payments aims to expand the scope of UPI payments outside India, enabling Indian travelers to transact digitally abroad using systems similar to UPI in other countries.

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