Q. Which of the following statement is/are correct about super apps?
1.These apps offer a suite of services for users within one app.
2.These apps are more popular in the UK and the USA.
3.Super apps increase the possibility of a monopoly.
Select the correct answer from the codes given below;

[A] 1 and 2 only

[B] .2 and 3 only

[C] 1 and 3 only

[D] .1, 2 and 3

Answer: C
Notes:

Statement 1 is correct: A super app has been described as the Swiss army knife of mobile apps, offering a suite of services for users such as messaging, social networking, peer-to-peer payments and e-commerce shopping.

Statement 2 is incorrect: These mega super apps are widely used in Asia because mobile is the main form of access to the internet for many people in the region.

Due to their concerns, super apps have not picked pace in countries such as the US, Europe and the UK.

Statement 3 is correct: Super apps have the following concerns. Such as a) They increase the possibility of a monopoly, b) They have concerns about privacy in cases where a super app has onboarded third-party service providers.

Source: Indian Express