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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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