State bank of Pakistan with collaborations of Bill and Melinda Gates Foundation and Karandaaz Pakistan developed which new digitalalization system for increasing financial system ?
Correct answer: B. Raast
- A. Techno pay
- B. Raast
- C. Digital currency
- D. None of these
Explanation
Raast is the State Bank of Pakistan’s instant digital-payment system, designed to connect banks and users through fast, low-cost transfers. It is not a digital currency, because Raast transfers existing money rather than issuing a new currency.
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