Q. The Mobile Payment Forum of India (MPFI) is a think tank set up by which institution?
Answer:
IIT Chennai
Notes: The Mobile Payment Forum of India (MPFI) is a think tank set up with the joint initiative of the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad and Rural Technology Business Incubator (RTBI), IIT Madras in 2006.
It aims to enable mobile financial services for everyone in India through secure, efficient and low cost transactions. IIT Madras researchers will collaborate with members of MPFI to develop voice-based solutions in multiple local languages.