Economics · Economy
With regard to the progress of Digital Payments in India, which of the following statement/statements is/are valid? I. Promotion of Digital Payments has been transferred from the Ministry of Electronics and Information Technology (MeitY) to the Department of Financial Services. II. e-RUPI is an institution-based voucher management system instead of being person and purpose specific. III. 'Hello! UPI' is an AI voice-enabled payment feature built by a consortium of private sponsored startups recognised by the NPCI. IV. 'UPI LITE X' addresses challenges of remote areas by enabling offline UPI payments. Select the correct answer using the codes given below:
- 1I and IV✓
- 2Only III
- 3III and IV
- 4I, III and IV
Correct answer
I and IV
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