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    Question

    NPCI International Payments Ltd. (NIPL) signed a pact

    with which Bahrain-based company for real-time cross-border remittances? 
    A Bank of Bahrain Correct Answer Incorrect Answer
    B BENEFIT Correct Answer Incorrect Answer
    C Almoayed Fintech Correct Answer Incorrect Answer
    D GulfPay Correct Answer Incorrect Answer
    E Arab Payment Network Correct Answer Incorrect Answer

    Solution

    NIPL partnered with BENEFIT, Bahrain’s fintech firm, to connect India’s UPI with Bahrain’s EFTS through the Fawri+service. The collaboration enables real-time remittances and strengthens fintech cooperation between India and Bahrain, guided by RBI and the Central Bank of Bahrain 

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