How to install PHP 7.2 on CentOS 7/RHEL 7

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How do I Install PHP 7.2 on CentOS 7 server? How can I setup and install PHP 7.2 on RHEL 7 server along with Nginx web server? How do I configure PHP-fpm version 7.2 with Nginx server running on a CentOS / Red Hat Enterprise Linux version 7?