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Current Affairs · 2026-08-03

हिन्दी

India and Maldives recently launched a cross-border payment corridor. What is the name of the Maldives' Instant Payment System integrated with India's UPI?

  1. A
    Dhiraagu Pay
  2. B
    Favara
  3. C
    M-Faisaa
  4. D
    Maldivian Rufiyaa Transfer (MRT)
View Answer & Solution

Correct answer · Option B

Favara

Explanation

The Maldives Monetary Authority (MMA) operationalised the integration of Favara, the Maldives’ Instant Payment System, with India’s Unified Payments Interface (UPI).

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