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Recently, the Reserve Bank of India has launched a new Unified Payments Interface (UPI) payments solution for feature phone users dubbed as ‘UPI123Pay’. With reference to this, consider the following statements:1. UPI ‘123PAY’ is a three-step method to initiate and execute services for users which will work on simple phones.2. It will allow customers to use feature phones for almost all transactions including scan and pay.3. It doesn’t need an internet connection for transactions.Which of the following statements is/are correct?a)1 and 3 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Recently, the Reserve Bank of India has launched a new Unified Payments Interface (UPI) payments solution for feature phone users dubbed as ‘UPI123Pay’. With reference to this, consider the following statements:1. UPI ‘123PAY’ is a three-step method to initiate and execute services for users which will work on simple phones.2. It will allow customers to use feature phones for almost all transactions including scan and pay.3. It doesn’t need an internet connection for transactions.Which of the following statements is/are correct?a)1 and 3 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Recently, the Reserve Bank of India has launched a new Unified Payments Interface (UPI) payments solution for feature phone users dubbed as ‘UPI123Pay’. With reference to this, consider the following statements:1. UPI ‘123PAY’ is a three-step method to initiate and execute services for users which will work on simple phones.2. It will allow customers to use feature phones for almost all transactions including scan and pay.3. It doesn’t need an internet connection for transactions.Which of the following statements is/are correct?a)1 and 3 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?.

Solutions for Recently, the Reserve Bank of India has launched a new Unified Payments Interface (UPI) payments solution for feature phone users dubbed as ‘UPI123Pay’. With reference to this, consider the following statements:1. UPI ‘123PAY’ is a three-step method to initiate and execute services for users which will work on simple phones.2. It will allow customers to use feature phones for almost all transactions including scan and pay.3. It doesn’t need an internet connection for transactions.Which of the following statements is/are correct?a)1 and 3 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Recently, the Reserve Bank of India has launched a new Unified Payments Interface (UPI) payments solution for feature phone users dubbed as ‘UPI123Pay’. With reference to this, consider the following statements:1. UPI ‘123PAY’ is a three-step method to initiate and execute services for users which will work on simple phones.2. It will allow customers to use feature phones for almost all transactions including scan and pay.3. It doesn’t need an internet connection for transactions.Which of the following statements is/are correct?a)1 and 3 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Recently, the Reserve Bank of India has launched a new Unified Payments Interface (UPI) payments solution for feature phone users dubbed as ‘UPI123Pay’. With reference to this, consider the following statements:1. UPI ‘123PAY’ is a three-step method to initiate and execute services for users which will work on simple phones.2. It will allow customers to use feature phones for almost all transactions including scan and pay.3. It doesn’t need an internet connection for transactions.Which of the following statements is/are correct?a)1 and 3 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Recently, the Reserve Bank of India has launched a new Unified Payments Interface (UPI) payments solution for feature phone users dubbed as ‘UPI123Pay’. With reference to this, consider the following statements:1. UPI ‘123PAY’ is a three-step method to initiate and execute services for users which will work on simple phones.2. It will allow customers to use feature phones for almost all transactions including scan and pay.3. It doesn’t need an internet connection for transactions.Which of the following statements is/are correct?a)1 and 3 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Recently, the Reserve Bank of India has launched a new Unified Payments Interface (UPI) payments solution for feature phone users dubbed as ‘UPI123Pay’. With reference to this, consider the following statements:1. UPI ‘123PAY’ is a three-step method to initiate and execute services for users which will work on simple phones.2. It will allow customers to use feature phones for almost all transactions including scan and pay.3. It doesn’t need an internet connection for transactions.Which of the following statements is/are correct?a)1 and 3 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Recently, the Reserve Bank of India has launched a new Unified Payments Interface (UPI) payments solution for feature phone users dubbed as ‘UPI123Pay’. With reference to this, consider the following statements:1. UPI ‘123PAY’ is a three-step method to initiate and execute services for users which will work on simple phones.2. It will allow customers to use feature phones for almost all transactions including scan and pay.3. It doesn’t need an internet connection for transactions.Which of the following statements is/are correct?a)1 and 3 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.