Question

Consider the following statements about Bharat QR code:

$1$. Bharat QR is a digital wallet.

$2$. QR code is read by mobile phones and it shows the information about the product to which it is attached.

$3$. QR code will help in promoting financial inclusion.

Which of the given statement(s) is/are correct?

• A. $1$ and $2$
• B. $2$ and $3$
• C. $1$ and $3$
• D. $1,2$ and $3$

Answer 1

Answer: (B)

$2$ and $3$

Bharat QR code is a person to merchant mobile payment solution. It consists of black squares arranged square grid which can be read by a mobile phone camera and contains information about the item to which it is attached. Bharat QR code is world's first inter-operable payment acceptance solution. It aims at standardizing the QR code payment method throughout the country.