India’s first indigenously developed payment ecosystem for transport, based on National Common Mobility Card (NCMC) standards, was launched in:
Show answer & explanation
Correct answer: C
Explanation
The correct option is option 3 i.e. March 2019.
| National Common Mobility Card (NCMC) | It is designated as an EMV-based Open-Loop Payments system. |
| The NCMC is an indigenously made product and is a part of the Make In India project | |
| It was first conceptualised in 2006 as part of the National Urban Transport Policy (NUTP). |