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What is the primary purpose of the India-Maldives Favara-UPI payment corridor launched in 2026?

  • A Providing visa-free travel
  • B Enabling free trade in goods
  • C Facilitating cross-border digital payments
  • D Establishing a shared currency
Correct Answer: Option C — Facilitating cross-border digital payments
Explanation:
The Favara-UPI corridor enables cross-border digital payment transactions between India and the Maldives.
Submitted by: PaperMCQs
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