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Question

'Wearable ATM Cards and Offline UPI' has been launched by which company?

The correct answer is

Acemoney

Acemoney Pioneers Wearable ATM Cards and Offline UPI

The question asks to identify the company responsible for launching innovative payment solutions known as Wearable ATM Cards and Offline UPI.

These advancements represent significant steps in making payments more accessible and convenient, especially in situations where network connectivity might be a challenge for traditional UPI transactions.

Understanding the Launch

Wearable ATM Cards refers to payment cards integrated into wearable devices, such as smartwatches or fitness bands, allowing users to make transactions simply by tapping their device.

Offline UPI enables Unified Payments Interface (UPI) transactions without requiring an active internet connection, broadening the usability of the UPI system.

Company Behind the Innovation

The company that has launched these groundbreaking technologies, Wearable ATM Cards and Offline UPI, is Acemoney.

Acemoney's initiative aims to enhance the payment experience by offering secure, contactless, and versatile transaction methods suitable for a wider range of users and scenarios.

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Important Questions from Economy

  1. The Five Year Plan was first launched in

  2. Which of the following was/were the feature(s) of Lenin’s New Economic Policy (NEP) for the Soviet Union?

    1) Private retail trading was strictly forbidden

    2) Private enterprise was strictly forbidden

    3) Peasants were not allowed to sell their surplus

    4) To secure liquid capital, concessions were allowed to foreign capitalists, but the State retained the option of purchasing the product of such concerns

    Select the correct answer using the code given below:

  3. Which one of the following was set as a target of average growth of GDP of India over the plan period 2012-2017 by the Approach Paper to the Twelfth Five year Plan?

  4. In ________ economies, all productive resources are owned and controlled by the government.

  5. Private ownership of the means of production is a feature of a _______ economy.

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