Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 1)
1.
Which bank is implementing Automatic Number Plate Recognition (ANPR)-based Multi-Lane Free Flow (MLFF) tolling on NH-48?
Answer: Option
Explanation:
Jio Payments Bank (JPBL) is set to deploy ANPR-based Multi-Lane Free Flow (MLFF) tolling at Shahjahanpur and Manoharpura toll plazas on NH-48, between Gurugram and Jaipur. This initiative is part of NHAI’s pilot project for barrier-free tolling, which allows vehicles to pass through toll plazas without stopping, ensuring automatic and seamless toll deduction. By integrating advanced technology with banking services, Jio Payments Bank is facilitating faster, more efficient toll collection, reducing congestion, and enhancing the travel experience for commuters. This project also showcases the growing role of digital payments in infrastructure and transport sectors.
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