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Railways - General Knowledge Questions
Which Metro becomes first in India to accept e-rupee for parking fee?
A)
Delhi Metro
B)
Kochi Metro
C)
Mumbai Metro
D)
Hyderabad Metro

Correct Answer :   Kochi Metro

In an initiative to promote Central Bank Digital Currency (CBDC), Kochi Metro has started accepting the digital currency (e-rupee) in its parking facilities.

The programme was inaugurated on Friday (10th March 2023) at the parking facility in Thykoodam and the system would be introduced in all other parking areas of the Metro soon.

According to Kochi Metro Rail Ltd (KMRL) authorities, Kochi Metro is the first Metro in the country to accept CBDC.

The programme was introduced in association with IDFC FIRST Bank partnered with Anantham Online, a technology startup.

This initiative comes at the back of a pilot programme launched by the Reserve Bank of India (RBI). RBI recently announced the launch of CBDC for retail users...

Source : India Times

Published On : March 13, 2023
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