79

Question 79

Set 2

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QQuestion

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?

OOptions

A
A) Only two
B
B) Only three
C
C) Only four
D
D) All the five

Correct Answer

B) Only three

DDalvoy Solutions

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.

Solution Diagram for Q<built-in function id>

SUPSC Prelims Strategy and Tips

For UPI international expansion questions, focus on countries with strong bilateral trade relationships with India and existing digital payment infrastructure partnerships.

SUPSC Prelims 2025 Syllabus Analysis

Economics - Digital payments and international financial integration

AUPSC Prelims 2025 Question Analysis

Medium difficulty - requires knowledge of current UPI international expansion and partnerships

MUPSC Prelims 2025 Mock Tests and Practice Papers