banking, security market & insurance section 5 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 11 [BOM-PO 2016]

The recently launched ‘UPI’ is expected to make sending money easy. The letter ‘I’ in the abbreviation ‘UPI’ stands for

a) Institution

b) Infrastructure

c) Interface

d) International

Answer: (c)

A Unified Payment Interface (UPI) is a single window mobile payment system launched by the National Payments Corporation of India (NPCI). The letter “I” in the abbreviation UPI stands for interface.

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1297 banking security market insurance MCQ section 5 question answer with explanation pdf

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