Economics · Banking and Financial Institutions
Which of the following is an umbrella organization for operating retail payments and settlement systems in India, established as an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Nation Level Payments and Settlement Corporation
- 2National Payments Corporation of India✓
- 3National Payments Company of India
- 4New Payments Corporation of India
Correct answer
National Payments Corporation of India
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