Current Affairs · Digital Infrastructure
Consider the following statements regarding Digital Financial Inclusion in India: 1) The Aadhaar-enabled Payment System (AePS) leverages financial addresses and biometric authentication for inter-bank transactions at Point of Sale (PoS) / Micro ATMs. 2) Direct Benefit Transfer (DBT) enhances inclusion and governance by directly transferring subsidies into beneficiaries' bank accounts, reducing leakages. 3) Unified Payments Interface (UPI) platforms operate exclusively through public sector scheduled commercial banks for setting up virtual payment addresses. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 21 only
- 32 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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