General Knowledge · General Awareness

Evaluate the following statements regarding the RuPay platform and NPCI infrastructure: Statement 1: RuPay was launched by the NPCI in 2012 to fulfill the RBI's vision of a domestic, open, and multilateral payment system. Statement 2: RuPay has lower clearing and settlement costs for banks in India compared to international card schemes because transaction processing happens domestically. Statement 3: RuPay cards are strictly restricted to geographical India and cannot be used for international transactions. Statement 4: RuPay Global cards are offered in partnership with Discover Financial Services to enable acceptance across Discover, Diners Club, and Pulse networks. Statement 5: The National Common Mobility Card (NCMC) is implemented on the RuPay platform to allow seamless transit across metro, bus, and toll plazas. Statement 6: RuPay credit cards can be linked to UPI, enabling users to scan merchant QRs and pay from their credit limit. Statement 7: The Government of India has mandated that Public Sector Banks can only issue RuPay cards to ensure total sovereignty. Which of the following options lists the correct set of statements?