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With reference to the Better Than Cash Alliance, consider the following statements:
1. It is a partnership of governments, companies and international organizations that accelerates the transition from cash to responsible digital payments.
2. It was created in 2015 and was launched by the WEF.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
With reference to the Better Than Cash Alliance, consider the followin...
The Government of India, Federation of Indian Chambers of Commerce and Industry (FICCI), and UN-based Better Than Cash Alliance hosted Merchant Digitization Summit 2021: Towards AatmaNirbhar (Self Reliance) Bharat with special focus on Himalayan Regions, North East Regions and Aspirational Districts of India.
  • Based at the United Nations, the Better Than Cash Alliance is a partnership of governments, companies and international organizations that accelerates the transition from cash to responsible digital payments.
  • The Alliance has 75 members which are committed to digitizing payments.
  • The Alliance Secretariat works with members on their journey to digitize payments by:
    • Providing advisory services based on their priorities.
    • Sharing action-oriented research and fostering peer learning on responsible practices.
    • Conducting advocacy at national, regional and global level.
  • It was created in 2012. It was launched by the United Nations Capital Development Fund, the United States Agency for International Development, the Bill & Melinda Gates Foundation, Citigroup, the Ford Foundation, the Omidyar Network, and Visa Inc..
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With reference to the Better Than Cash Alliance, consider the following statements:1. It is a partnership of governments, companies and international organizations that accelerates the transition from cash to responsible digital payments.2. It was created in 2015 and was launched by the WEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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With reference to the Better Than Cash Alliance, consider the following statements:1. It is a partnership of governments, companies and international organizations that accelerates the transition from cash to responsible digital payments.2. It was created in 2015 and was launched by the WEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Better Than Cash Alliance, consider the following statements:1. It is a partnership of governments, companies and international organizations that accelerates the transition from cash to responsible digital payments.2. It was created in 2015 and was launched by the WEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Better Than Cash Alliance, consider the following statements:1. It is a partnership of governments, companies and international organizations that accelerates the transition from cash to responsible digital payments.2. It was created in 2015 and was launched by the WEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
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