Question

Consider the following statements about the Immediate Payment Service (IMP

  • S ? I. UPI is an advanced version of Immediate Payment Service (IMP
  • S . II. IMPS offers an inter-bank electronic fund transfer service through bank branches. III. It is an instant payment inter-bank electronic funds transfer system in India. Which of the above statements is/are incorrect?
A I
B I & II
C I & III
D All statements are correct
E All statements are incorrect
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