arrow
arrow
arrow
One of the popular online payment method, UPI stands for:
Question

One of the popular online payment method, UPI stands for:

A.

Unified Payments Interface

B.

United Payments Interchange

C.

Universal Payments Interchange

D.

Uninterrupted Payments Interface

Correct option is A

The correct answer is (a) Unified Payments Interface.
Explanation:
● UPI is an instant real-time payment system developed by the National Payments Corporation of India (NPCI).
● It facilitates inter-bank peer-to-peer and person-to-merchant transactions.
Information Booster:
● UPI allows multiple bank accounts into a single mobile application.
● Transactions are authenticated via a secure 4 or 6-digit UPI PIN.

Free Tests

Free
Must Attempt

UPTET Paper 2 Social Science : PYP Held on 23rd Jan 2022 (Shift 2)

languageIcon English
  • pdpQsnIcon150 Questions
  • pdpsheetsIcon150 Marks
  • timerIcon150 Mins
languageIcon English
Free
Must Attempt

UPTET : Paper 1 Full Mock - 01

languageIcon English
  • pdpQsnIcon150 Questions
  • pdpsheetsIcon150 Marks
  • timerIcon150 Mins
languageIcon English
Free
Must Attempt

UPTET : Paper 2 Maths & Science Full Mock - 01

languageIcon English
  • pdpQsnIcon150 Questions
  • pdpsheetsIcon150 Marks
  • timerIcon150 Mins
languageIcon English
test-prime-package

Access ‘KVS PRT’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
383k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow