UPI Services Go Live in Cambodia for Indian Travellers via KHQR Codes

1. Who has been elected as the President of the 81st session of the United Nations General Assembly (UNGA), representing the Asia-Pacific regional group?

Explanation: The United Nations General Assembly elected Bangladesh's Rahman to lead its 81st session, succeeding Germany's Annalena Baerbock.

2. In the context of the transition from WPI to PPI, which of the following statements is correct regarding the Producer Price Index (PPI)?

Explanation: PPI is designed to measure price changes at the producer level (factory-gate or farm-gate) for both goods and services, unlike WPI which measures prices at the wholesale level.

3. Consider the following statements regarding the launch of UPI in Cambodia: 1. Indian tourists can make payments in Cambodia by scanning Bakong's KHQR codes. 2. The initiative is powered by a collaboration between NPCI International Payments Limited (NIPL) and ACLEDA Bank Plc. Which of the statements given above is/are correct?

Explanation: Both statements are correct. The cross-border UPI payment system in Cambodia allows Indian tourists to scan Bakong's KHQR codes, enabled by a partnership between NIPL and ACLEDA Bank Plc.

4. Who has been appointed as the head of the one-member inquiry committee to investigate the procurement of services for CBSE's On-Screen Marking (OSM) system?

Explanation: The one-member inquiry committee looking into the CBSE's On-Screen Marking (OSM) system procurement is headed by S. Radha Chauhan, Chairperson of the Capacity Building Commission.

5. Which public sector bank recently secured a licence from the International Financial Services Centres Authority (IFSCA) to establish its branch at GIFT City, Gujarat?

Explanation: Indian Overseas Bank (IOB) has received the IFSCA licence to establish its branch at the Gujarat International Finance Tec-City (GIFT City).