BANKING & FINANCE
UPI / NPCI
Burj Khalifa Becomes First Tourist Attraction in the UAE to Enable Online UPI Payments
Visitors can now purchase entry tickets online for 'At the Top, Burj Khalifa' using India's Unified Payments Interface (UPI).
This step marks Burj Khalifa as the first landmark tourist destination in the United Arab Emirates to integrate UPI for digital cross-border ticketing.
The facility was operationalized through a strategic partnership between NPCI International Payments Limited (NIPL), NEOPAY, and Emaar Entertainment.
This integration enhances convenience for Indian tourists visiting Dubai and boosts global acceptance of India's indigenous digital payment network.
This step marks Burj Khalifa as the first landmark tourist destination in the United Arab Emirates to integrate UPI for digital cross-border ticketing.
The facility was operationalized through a strategic partnership between NPCI International Payments Limited (NIPL), NEOPAY, and Emaar Entertainment.
This integration enhances convenience for Indian tourists visiting Dubai and boosts global acceptance of India's indigenous digital payment network.
Key Facts / Static GK
NIPL Headquarters: Mumbai, Maharashtra
NPCI CEO: Dilip Asbe
NIPL CEO: Ritesh Shukla
NPCI CEO: Dilip Asbe
NIPL CEO: Ritesh Shukla
Practice Quiz — 30 July 2026
Q1. What is the total combined stake approved by IRDAI for Patanjali Ayurved and DS Group foundations in Magma General Insurance?
Answer: (C) 98.055% — IRDAI approved the acquisition of a 98.055% total stake in Magma General Insurance, comprising 73.56% by Patanjali Ayurved and approximately 24.50% by DS Group-associated foundations.
Q2. What amount was paid by the Life Insurance Corporation of India (LIC) as dividend to the Government of India for Financial Year 2025-26?
Answer: (B) ₹12,207.25 crore — LIC presented a dividend payout of ₹12,207.25 crore to Union Finance Minister Nirmala Sitharaman for the Financial Year 2025-26.
Q3. What is the annual coupon rate offered by State Bank of India on its ₹4,691 crore Additional Tier-1 (AT1) bond issuance for FY 2026-27?
Answer: (C) 7.75% — SBI issued its first AT1 bonds of FY 2026-27 raising ₹4,691 crore at a fixed annual coupon rate of 7.75%.
Q4. Which iconic international landmark recently became the first UAE tourist attraction to accept UPI for online ticketing?
Answer: (C) Burj Khalifa — Burj Khalifa became the first UAE tourist landmark to integrate UPI for online ticket bookings via NIPL, NEOPAY, and Emaar Entertainment.
Q5. Which entity launched India's first employee-controlled 'Flexi Benefits Basket' enabled on UPI?
Answer: (B) OmniCard — OmniCard, operated by Eroute Technologies Private Limited, launched India's first Flexi Benefits Basket on UPI.
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