Q. “PayNow system” was seen in the news recently, is associated with which of the following countries?

[A] Indonesia

[B] Singapore

[C] Argentina

[D] Egypt

Answer: B

Explanation – PayNow is a fast payment system in Singapore. It enables peer-to-peer funds transfer service, available to retail customers through participating banks and Non-Bank Financial Institutions (NFIs) in Singapore.

Source: ForumIAS