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Which of the following statements accurately describes RuPay?

  1. RuPay is a global payment network primarily operated by Visa.
  2. The name RuPay is derived from 'Rupee' and 'Payment', signifying its Indian origin.
  3. RuPay is exclusively used for online transactions and is not accepted at physical stores.

    Aഒന്നും മൂന്നും

    Bരണ്ട് മാത്രം

    Cരണ്ടും മൂന്നും

    Dഒന്ന് മാത്രം

    Answer:

    B. രണ്ട് മാത്രം

    Read Explanation:

    RuPay is India's domestic card payment network, conceived as a homegrown alternative to international card schemes. Its name is a blend of 'Rupee' and 'Payment'. It is widely accepted across India for ATM withdrawals, Point of Sale (POS) transactions, and online purchases. A key objective behind its launch was to foster a less-cash economy, encouraging the adoption of digital payment methods by Indian banks and financial institutions, as part of an initiative by the Reserve Bank of India (RBI).

    Related Questions:

    Which of the following statements are correct regarding the 'Central Excise and Customs' and 'Insurance' MMPs?

    1. Central Excise and Customs, managed by CBEC, aims to simplify tax procedures and promote trade.
    2. The Insurance MMP is focused on digitizing processes within the general insurance sector to enhance customer services.
    3. Both projects are primarily concerned with regulating foreign investment in India.
    4. The Central Excise and Customs MMP aims to increase the complexity of tax filing for businesses.

      What is the primary role of the government in relation to its citizens?

      1. The government's main function is to provide services to its citizens.
      2. The government is responsible for ensuring that all citizens have access to the country's resources.
      3. The government's role is limited to maintaining law and order.

        What are the key objectives of Mission Karmayogi?

        1. To empower civil servants to adapt to a changing environment and meet governance needs.
        2. To ensure civil servants are deeply connected to Indian values and capable of handling modern challenges.
        3. To foster a spirit of teamwork and collaboration among civil servants for efficient public service delivery.
        4. To streamline bureaucratic processes by reducing the number of administrative layers.

          Identify the false statement regarding the design principles for user-friendly government websites in e-governance.

          1. Government websites should prioritize a simple and intuitive design to cater to non-expert users.
          2. Clear instructions and guidance are essential for enabling easy access and task completion on government portals.
          3. Designing for user-friendliness helps increase the effectiveness of e-governance and public participation.
          4. Complex navigation and technical jargon are necessary components of government websites to convey authority.

            Which of these is NOT a key focus area under "Supporting Digital Entrepreneurship"?

            1. Providing crucial resources such as funding and mentorship to innovators.
            2. Restricting access to technology and collaborations.
            3. Fostering a supportive ecosystem that encourages collaboration and economic growth.
            4. Creating job opportunities through the growth of digital businesses.