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Which organization played a key role in launching the UPI system in India?
  • a)
    National Payments Corporation of India (NPCI)
  • b)
    Reserve Bank of India (RBI)
  • c)
    Indian Banks' Association
  • d)
    Securities and Exchange Board of India (SEBI)
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which organization played a key role in launching the UPI system in In...
The National Payments Corporation of India (NPCI) played a crucial role in launching the UPI system in India. This organization collaborated with the RBI and the Indian Banks' Association to introduce this digital payment method, revolutionizing the way fund transfers are conducted in the country.
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Which organization played a key role in launching the UPI system in India?a) National Payments Corporation of India (NPCI)b) Reserve Bank of India (RBI)c) Indian Banks' Associationd) Securities and Exchange Board of India (SEBI)Correct answer is option 'A'. Can you explain this answer?
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