IRCTC has recently launched a new service called lsquo Rupay Prepaid Cards rsquo which will enable p...........

General Knowledge (CLAT) Economy

IRCTC has recently launched a new service called ‘Rupay Prepaid Cards’ which will enable passengers to book their tickets, do shopping and pay services bills online. This service was launched in collaborate on with which bank?

Union Bank of India

State Bank of India

ICICI Bank

Bharatiya Mahila Bank

Explanation:

The Indian Railway Catering and Tourism Corporation (IRCTC) has launched a new service called 'RuPay prepaid cards' which will enable passengers to book their tickets, do shopping and pay service bills - all online. It was launched this week. The RuPay service, launched in collaboration with Union Bank of India (UBI) and the National Payment Corporation of India, provides an alternative system for banks to facilitate debts on the internet. RuPay is India's own card payment gateway network like Visa and Master Card. As per Railway Minister Suresh Prabhu, the initiative is in line with Prime Minister Narendra Modi's financial inclusive programme.