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      Question

      What is the primary role of the National Payments

      Corporation of India (NPCI)?
      A Regulate stock exchanges Correct Answer Incorrect Answer
      B Manage government bonds Correct Answer Incorrect Answer
      C Develop and operate retail payment systems Correct Answer Incorrect Answer
      D Supervise insurance companies Correct Answer Incorrect Answer
      E Administer direct taxes Correct Answer Incorrect Answer

      Solution

      NPCI is responsible for developing and operating retail payment systems in India, including UPI and RuPay.

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