Which Indian fintech company became the first Indian payment aggregator to secure a PSP licence from the IFSCA at GIFT City in June 2026? MCQ with Answer and Explanation

Question

Which Indian fintech company became the first Indian payment aggregator to secure a PSP licence from the IFSCA at GIFT City in June 2026?

A. Google Pay

B. Razorpay

C. PhonePe

D. Paytm

Answer: Option D

Solution (By JKSSB Mock Tests)

Paytm became the first Indian payment aggregator to secure a Payment Service Provider (PSP) licence from IFSCA at GIFT City in June 2026.

This question belongs to: Current Affairs Current Affairs 2026 Section 1

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Question #1

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Astra Mark-2 missile is developed by which organisation?

A. Bharat Electronics Limited (BEL)

B. Defence Research and Development Organisation (DRDO)

C. Indian Space Research Organisation (ISRO)

D. Hindustan Aeronautics Limited (HAL)

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Correct Answer: Option B

Explanation:
The Astra Mark-2 missile is developed by the Defence Research and Development Organisation (DRDO).[reference:8]

This question belongs to: Current Affairs Current Affairs 2026 Section 1

Question #2

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In June 2026, which country enabled UPI transactions for Indian visitors via a partnership between NIPL and ACLEDA Bank?

A. Cambodia

B. Indonesia

C. Vietnam

D. Thailand

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Correct Answer: Option A

Explanation:
In June 2026, Cambodia enabled UPI transactions for Indian visitors via a partnership between NIPL and ACLEDA Bank Plc.[reference:72]

This question belongs to: Current Affairs Current Affairs 2026 Section 1

Question #3

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Which two states signed an MoU to strengthen Early Childhood Care and Development (ECCD) in January 2026?

A. Odisha–Jharkhand

B. Odisha–Meghalaya

C. Meghalaya–Assam

D. West Bengal–Odisha

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Correct Answer: Option B

Explanation:
Odisha and Meghalaya signed an MoU to strengthen Early Childhood Care and Development (ECCD).[reference:84]

This question belongs to: Current Affairs Current Affairs 2026 Section 1

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