General Knowledge · General Awareness
Consider the following statements in the context of NPCI's digital payment evolution: Statement 1: The Unified Payments Interface (UPI) 2.0 introduced the ability to link an Overdraft Account to the UPI handle, allowing customers to use their credit line. Statement 2: A key feature of UPI 2.0 is the 'Signed Intent and QR', which provides an additional layer of security by verifying the merchant's identity. Statement 3: UPI 2.0 enabled the 'One-Time Mandate' feature, where a customer can pre-authorize a transaction for a future date, blocking the funds in the account until fulfillment. Analyze these statements and determine which combination is true.
- 1All statements are correct.✓
- 2Statement 1 and Statement 3 are correct.
- 3Statement 2 and Statement 3 are correct.
- 4Statement 1 and Statement 2 are correct.
Correct answer
All statements are correct.
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