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Exercises · Q5

Q.Which of the following is the real-time, mobile-based payment system operated by the National Payments Corporation of India?

(a) Digital India
(b) Aadhaar
(c) Unified Payments Interface (UPI)
(d) e-Shram
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The Unified Payments Interface (UPI) is a real-time, mobile-based payment system operated by the National Payments Corporation of India (NPCI) that allows instant transfer of funds between bank accounts using a mobile phone. Digital India (option a) is the broader umbrella programme for digital infrastructure and services, not a payment system itself; Aadhaar (option b) is a unique digital identity number, not a payment mechanism; and e-Shram (option d) is a registration porta …

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