Current Affairs · Digital Payment Infrastructure
With reference to the Unified Payments Interface (UPI), consider the following statements: I. UPI is built upon the Immediate Payment Service (IMPS) infrastructure, enabling real-time interbank transactions. II. UPI was developed by the National Payments Corporation of India (NPCI) to promote interoperability in digital payments. III. UPI is natively based on decentralized blockchain technology to process tokenized multi-layered smart contracts. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 2 only✓
- 21 and 3 only
- 32 and 3 only
- 41, 2 and 3
Correct answer
1 and 2 only
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