Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q2: Under the cross-border payment linkage with RBI, Indian travelers can make merchant payments in Cambodia by scanning the national QR code standard of the country. What is the name of this payment standard?

A
PromptPay
B
PayNow
C
VietQR
D
KHQR
βœ… Correct Answer: D
The correct answer is KHQR.
Indian travelers visiting Cambodia can use their Unified Payments Interface apps to scan KHQR codes at over 4.5 million shops.
KHQR is the official national QR code system of Cambodia.
This first step only allows Indians to pay shops in Cambodia so they do not have to carry cash or cards.
In the second step, the plan will work the other way, allowing travelers from Cambodia to scan codes and pay shops inside India.

πŸ“± Code Standard 🎯 Scale πŸ”„ Future Phase
KHQR (Cambodia) 4.5 Million Shops Cambodians paying inside India


🧠 Real-World Scenario: Imagine an Indian Food Blogger goes to a small street food stall in Phnom Penh. Suddenly, they see a barcode sticker instead of a credit card machine. According to the rules, they can open their Indian UPI app and scan that specific KHQR sticker. This means Cambodia has one standard QR code for everything, making it universally scannable for tourists.