Which of the following statements about Project Nexus are true?
- Project Nexus aims to connect multiple domestic instant payment systems globally.
- The platform is the first BIS Innovation Hub project in the payments area to move towards live implementation.
- India’s Unified Payments Interface (UPI) will be connected with the FPSs of Malaysia, the Philippines, Singapore, and Thailand through this project.
1
Only 1
2
Only 1 and 2
3
Only 2 and 3
4
Only 1 and 3
5
All of the above