Q. Consider the following statement regarding e-Rupi
1. It is a cashless and contactless method for Digital Payment
2. e-Rupi doesn’t require any internet connection
3. It has been developed by National Payment Corporation of India (NPCI)
Which of the above statements is/are correct?
Answer: D
Notes:
All the statements are correct
About e-Rupi
- This pre-paid voucher is provided directly to beneficiaries via a QR code or SMS.
- It doesn’t require an internet connection, a smartphone, or an app, and, most importantly, is person and purpose dependent.
- The service provider gets paid in a timely manner but only after providing the service such as medical care, medicines, nutritional support, books, subsidies, etc.
- It is done by redeeming the e-voucher that’s been paid for by the sponsor, such as the government, a philanthropic foundation, or a private- sector Corporate Social Responsibility initiative.
Source LiveMint