Banking Exams General & Banking Awareness — Question 1366

Question

Which of the following is NOT a founding member country of Project Nexus, the BIS cross-border instant-payments initiative?

  1. India
  2. UAE
  3. Singapore
  4. Malaysia

Correct answer

B — UAE

Explanation (English)

The founding members of Project Nexus are India, Malaysia, Philippines, Singapore and Thailand; the UAE is not among them.

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