Current Affairs · EPFO Digital Reforms and UPI Integration
Consider the following statements regarding the planned integration of the Unified Payments Interface (UPI) by the Employees' Provident Fund Organisation (EPFO) for claim withdrawals: 1. Once the integration is complete, subscribers will be able to access their provident fund claims through a digital wallet linked to UPI. 2. The initiative is part of a broader digital reform designed to improve efficiency and user experience for the EPFO's 7.4 million subscribers. 3. The EPFO is currently in discussions with the Reserve Bank of India (RBI) to launch the UPI withdrawal feature. 4. During the financial year 2024, the EPFO disbursed more than ₹2.05 lakh crore by settling over 50 million claims. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 3 and 4 only
- 22 and 4 only
- 31 and 2 only✓
- 43 and 4 only
Correct answer
1 and 2 only
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