RuPay, recently in the news, is the name of a :

examrobotsa's picture

Submitted by examrobotsa on

Q: 37 (IES/2016)
“RuPay”, recently in the news, is the name of a :
In India, the term “Public Key Infrastructure” is used in the context of (a) Digital security infrastructure (b) Food security infrastructure (c) Health care and education infrastructure (d) Telecommunication and transportation infrastructure

question_subject: 

Current Affairs

question_exam: 

IES

stats: 

0,234,32,234,28,4,0

keywords: 

{'rupay': [0, 0, 0, 1], 'debit card': [0, 0, 0, 2], 'digital currency': [0, 0, 0, 1], 'tax benefit': [0, 0, 0, 1], 'super computer': [0, 0, 0, 1], 'news': [0, 1, 17, 65]}

The correct answer is option 1, "Debit card".

RuPay is the name of a debit card that has been in the news recently. It is an Indian domestic payment network that was launched by the National Payments Corporation of India (NPCI) in 2012.

Option 2, "Digital currency", is not the correct answer because RuPay is not a digital currency. It is a payment network that enables electronic payments using debit cards issued by banks in India.

Option 3, "Super computer", is not the correct answer because RuPay has nothing to do with supercomputers. It is a payment network specifically for debit cards.

Option 4, "Tax benefit", is not the correct answer because RuPay is not related to tax benefits. It is a payment network for facilitating debit card transactions in India.

To summarize, RuPay is the name of a debit card payment network in India, and it has been in the news recently.