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Banking & FinanceMedium

Which country is set to become the eleventh where UPI is accepted?

  1. A.Kazakhstan
  2. B.Uzbekistan
  3. C.Indonesia
  4. D.Oman

Correct answer

B. Uzbekistan

Explanation

The correct answer is Uzbekistan. A commercial agreement to bring UPI to that country was announced on 30 August 2026, during the visit of the Prime Minister of India to Uzbekistan, which places it next in line after the ten countries where the payment system already works. Those ten are Singapore, the United Arab Emirates, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, Cambodia and Greece. Option A, Kazakhstan, option C, Indonesia, and option D, Oman, are not part of either the existing list or the announced addition, so all three are wrong. The point to remember is that UPI acceptance abroad has grown in two forms, merchant payments through QR codes and now online bookings at major attractions, and the milestone that began the second form was Eiffel Tower ticketing, launched on 26 January 2024.

Read the full article: UPI Enabled for Bookings at Burj Khalifa and Sentosa

Q1.Banking & FinanceEasy

Which attraction has become the first in the United Arab Emirates to accept UPI for e-commerce bookings?

  1. A.Museum of the Future
  2. B.At the Top, Burj Khalifa
  3. C.Dubai Frame
  4. D.Ferrari World Abu Dhabi
Show answer
Correct answer: B. At the Top, Burj Khalifa

NPCI International Payments Limited enabled UPI there in partnership with NEOPAY and Emaar Entertainment, and this is the first attraction anywhere in the Emirates to take UPI for online commerce rather than only for scanning a merchant code.

Q3.Banking & FinanceMedium

Besides the Priority Sector Lending framework, which scheme has the committee been asked to review?

  1. A.Lead Bank Scheme
  2. B.Pradhan Mantri Jan Dhan Yojana
  3. C.Pradhan Mantri Mudra Yojana
  4. D.Stand Up India Scheme
Show answer
Correct answer: A. Lead Bank Scheme

One head of the terms of reference asks the committee to review the Priority Sector Lending framework together with the Lead Bank Scheme, and to judge how relevant, effective and well coordinated the two remain in promoting inclusive, balanced and data-driven credit delivery in line with changing economic priorities and…

Q4.Banking & FinanceEasy

Who has been appointed Chairman of the High Level Committee on Banking for Viksit Bharat?

  1. A.Shirish Chandra Murmu
  2. B.Suresh N. Patel
  3. C.Padmaja Chunduru
  4. D.N. S. Vishwanathan
Show answer
Correct answer: B. Suresh N. Patel

He is a former Central Vigilance Commissioner, and the Government has named him Chairman of the newly constituted High Level Committee on Banking for Viksit Bharat, the panel that will recommend structural, institutional, regulatory and legislative reform of the banking sector.