Current Affairs · Banking and Finance
India's Unified Payments Interface (UPI) has introduced a payment facility enabling users to make instant transactions directly from their investments in a particular type of mutual fund. Which type of mutual fund is specifically linked with this feature, allowing backend redemption for real-time UPI payments?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gilt Fund
- 2Liquid Fund✓
- 3Balanced Fund
- 4Equity Fund
Correct answer
Liquid Fund
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