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Consider the following statements regarding National Common Mobility Card (NCMC):
- It is an initiative of the Union Ministry of Road Transport and highways.
- It aims to ensure digital ticketing fare payments in various public transport through a single payment card.
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 'B'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements regarding National Common Mobility C...
Statement 1: It is an initiative of the Union Ministry of Road Transport and highways.
Statement 2: It aims to ensure digital ticketing fare payments in various public transport through a single payment card.
The correct answer is Option B: 2 only.
Explanation:
The National Common Mobility Card (NCMC) is an initiative of the Ministry of Housing and Urban Affairs, not the Union Ministry of Road Transport and Highways. Therefore, statement 1 is incorrect.
The NCMC aims to ensure digital ticketing fare payments in various public transport through a single payment card. This card can be used for multiple modes of transport such as buses, metros, suburban railways, and even toll payments. It is an interoperable transport card that can be used across different transport systems.
The NCMC is based on the National Payments Corporation of India's (NPCI) RuPay card framework. It is a contactless smart card that uses Near Field Communication (NFC) technology for transactions. Users can simply tap the card on the card reader to make payments, eliminating the need for cash or separate cards for different modes of transport.
The card is issued by banks and can be linked to a person's bank account or a prepaid wallet. It can also be recharged online or at designated recharge outlets. The NCMC supports both offline and online transactions, allowing for seamless fare payments even in areas with limited connectivity.
The NCMC aims to provide a convenient and hassle-free experience for commuters by reducing the need for multiple cards or exact change for fare payments. It also promotes digital payments and contributes to the government's vision of a cashless economy.
In conclusion, the correct statements regarding the National Common Mobility Card (NCMC) are:
1. It is an initiative of the Ministry of Housing and Urban Affairs, not the Union Ministry of Road Transport and Highways.
2. It aims to ensure digital ticketing fare payments in various public transport through a single payment card.
Therefore, the correct answer is Option B: 2 only.
Statement 2: It aims to ensure digital ticketing fare payments in various public transport through a single payment card.
The correct answer is Option B: 2 only.
Explanation:
The National Common Mobility Card (NCMC) is an initiative of the Ministry of Housing and Urban Affairs, not the Union Ministry of Road Transport and Highways. Therefore, statement 1 is incorrect.
The NCMC aims to ensure digital ticketing fare payments in various public transport through a single payment card. This card can be used for multiple modes of transport such as buses, metros, suburban railways, and even toll payments. It is an interoperable transport card that can be used across different transport systems.
The NCMC is based on the National Payments Corporation of India's (NPCI) RuPay card framework. It is a contactless smart card that uses Near Field Communication (NFC) technology for transactions. Users can simply tap the card on the card reader to make payments, eliminating the need for cash or separate cards for different modes of transport.
The card is issued by banks and can be linked to a person's bank account or a prepaid wallet. It can also be recharged online or at designated recharge outlets. The NCMC supports both offline and online transactions, allowing for seamless fare payments even in areas with limited connectivity.
The NCMC aims to provide a convenient and hassle-free experience for commuters by reducing the need for multiple cards or exact change for fare payments. It also promotes digital payments and contributes to the government's vision of a cashless economy.
In conclusion, the correct statements regarding the National Common Mobility Card (NCMC) are:
1. It is an initiative of the Ministry of Housing and Urban Affairs, not the Union Ministry of Road Transport and Highways.
2. It aims to ensure digital ticketing fare payments in various public transport through a single payment card.
Therefore, the correct answer is Option B: 2 only.
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Community Answer
Consider the following statements regarding National Common Mobility C...
State Bank of India has launched its ‘Nation First Transit Card’, a RuPay prepaid instrument under the National Common Mobility Card (NCMC) that can be used nationwide.
About Nation First Transit Card:
- It aims to facilitate a seamless and convenient customer commuting experience and ensure easy digital ticketing fare payments in metro, buses, water ferries, parking, etc., through a single card.
- In addition, individuals can also use this card for making retail and e-commerce payments.
- It is powered by RuPay and National Common Mobility Card (NCMC) technology.
Key Facts about National Common Mobility Card (NCMC):
- NCMC feature enables the Bank’s customers to use their Debit Cards as travel cards for travelling in Metro Rail and Buses where this facility is enabled.
- The idea of NCMC was floated by the Nandan Nilekani committee set up by the Reserve Bank of India (RBI).
- NCMC is an initiative of the Ministry of Housing and Urban Affairs in India designed to promote cashless transactions and offer a unified payment platform for commuters.
- It was launched on March 4, 2019.
- It offers a unified contactless transport solution through the RuPay platform, developed by the National Payments Corporation of India (NPCI).
- NCMC is an automatic fare collection system. It will turn smartphones into an inter-operable transport card that commuters can use eventually to pay for Metro, bus and suburban railway services.
Hence only statement 2 is correct.
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Consider the following statements regarding National Common Mobility Card (NCMC): It is an initiative of the Union Ministry of Road Transport and highways. It aims to ensure digital ticketing fare payments in various public transport through a single payment card.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 'B'. Can you explain this answer?
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