Current Affairs

GK MCQs Section

Digital Payment

What is Mission Har Payment Digital?

The Reserve Bank of India (RBI) has launched a new mission called “Har Payment Digital” as part of its efforts to make every Indian a user of digital...

March 9, 2023

India-Singapore link Digital Payments UPI and PAYNOW

UPI is the mobile payment method in India. Similarly, PAYNOW is a mobile payment method in Singapore. The countries have planned to link these two mobile payment methods....

February 21, 2023

World Bank Global Findex Database 2021

World Bank recently released the “Global Findex Database 2021”. As per report, account ownership has increased worldwide. Key Findings of the report Report notes that, three out of...

July 8, 2022

RBI’s Digital Payment Index

The Reserve Bank of India recently released the Digital Payment Index. According to the index, the digital payments in the country have increased by 40% in September 2021...

January 20, 2022

‘HARBINGER 2021 – Innovation for Transformation’ – RBI’s first global hackathon

Reserve Bank of India (RBI) is set to organise its first global hackathon called ‘HARBINGER 2021–Innovation for Transformation’ focusing on digital payments. Key Points The global hackathon will...

November 10, 2021

e-RUPI Digital Payment Solution- Key Facts

Prime Minister Narendra Modi is to launch “e-RUPI Digital Payment Solution” on August 2, 2021. e-RUPI is an e-voucher-based payment solution. Highlights e-RUPI initiative will be launched to...

August 2, 2021

Postpaid Mini: Paytm launches small ticket loans

Digital payments and financial services platform, Paytm, have launched “Postpaid Mini” service for users on July 5, 2021. About Postpaid Mini service Postpaid mini service was launched in...

July 6, 2021

Payment Infrastructure Development Funds

The Reserve Bank of India recently announced operational guidelines to Payment Infrastructure Development Funds. The main aim of the funds is to deploy more digital payment infrastructure across...

January 7, 2021

RBI Digital Payments Index

The Reserve Bank of India recently released the Digital Payments Index to measure the growth in cashless transactions in India. What are the parameters of the Digital Payments...

January 2, 2021

RBI releases Vision Document (2019-2021) for e-Payment System

The Reserve Bank of India (RBI) has released a vision document to ensure a more convenient, affordable, quick, safer and secure e-payment system. The RBI’s vision document is...

May 16, 2019

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