UPSC Prelims 2025·GS1·economy·money and banking

Consider the following countries : I. United Arab Emirates II. France III. Germany IV. Singapore V. Bangladesh How many countries amongst the above are there other than India where international merchant payments are accepted under UPI?

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Last updated 23 May 2026, 3:31 pm IST
  1. AOnly two
  2. BOnly threeCorrect
  3. COnly four
  4. DAll the five

Explanation

Countries other than India where UPI international merchant payments are accepted: I. United Arab Emirates: Yes, UPI is accepted for merchant payments in UAE through various partnerships with local payment systems. II. France: Yes, UPI has been enabled for merchant payments in France through collaborations with local financial institutions. III. Germany: No, UPI merchant payments are not currently accepted in Germany. IV. Singapore: Yes, UPI is accepted for merchant payments in Singapore through partnerships with local payment networks. V. Bangladesh: No, UPI merchant payments are not currently accepted in Bangladesh, though there are discussions about digital payment cooperation. Therefore, three countries (UAE, France, Singapore) accept UPI for international merchant payments.
economy: Consider the following countries : I. United Arab Emirates II. France III. Germany IV. Singapore V. Bangladesh How many

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