QR code
PAN 2.0 Project Approved by Union Cabinet
The Union Cabinet has recently approved an upgrade to the Permanent Account Number (PAN) system. This upgrade introduces a QR code feature on PAN cards and also establishes PAN as a common identifier for businesses. PAN 2.0 Project Overview The ..
Month: Current Affairs - November, 2024
Category: Government Schemes Current Affairs
National Health Authority Scan and Share Service
Patients have to wait in a long queue for OPD registrations in the hospitals. The hospitals collect patient information like name, age, date of birth, and other details during the registration. Sometimes long queues cause discomfort. Sick persons suffer from ..
Month: Current Affairs - March, 2023
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
QR Code-based Coin Vending Machine
The machine was launched by the Reserve Bank of India. The apex bank finalized its decision of launching the machine during its recently held MPC meeting. The QR code is being introduced as fake currency notes are increasing in coin ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs
DakPay of India Post Payment Bank
“DakPay” is an application launched by India post payment Bank as a part of its ongoing initiatives to provide digital financial inclusion to the country. The application was launched by the Union Minister for communications, law and Justice and electronics ..
Month: Current Affairs - December, 2020
RBI to set new QR code rules to change payment picture of India
The Reserve Bank of India recently ordered payment system operators (PSO) from launching new proprietor QR code for transactions. The apex Bank asked the PSOs switch to at least 1 interoperable QR code. This is to to use the same ..
Month: Current Affairs - October, 2020
World Economic Forum: 1 trillion trees and report on Password role in Cyber Crime
The World Economic Forum began on January 21, 2020 in Davos. The highlight of the forum this year is over its initiative to plant 1 trillion trees in the next decade and also to equip 1 billion people with fourth ..
Month: Current Affairs - January, 2020
Delhi to become the First State/Union Territory to provide QR Code on Voters Slip
The Chief Election Commissioner of India, Sunil Arora addressed a press conference on Monday, 6th January 2020 and announced the dates for the 2020 Delhi Legislative Assembly election. The Date of Polling is on 8th February 2020 which will be ..
Month: Current Affairs - January, 2020
Finance minister: MDR charges not applicable for RuPay and UPI from 2020
On December 28, 2019, Finance Minister Nirmala Sitaraman announced that Merchant Discount Rate (MDR) will not be applicable on bank transactions made through RuPay and UPI platforms. Highlights The Finance Ministry has directed the banks to start campaigns to popularize ..