Question
UPI, or Unified Payments Interface, is a digital payments system that allows users to transfer money between bank accounts instantly.Launched in India in______, UPI has since gained tremendous popularity and is now used by millions of people for fast and convenient money transfers.
Solution
 UPI, or Unified Payments Interface, is a digital payments system that allows users to transfer money between bank accounts instantly. Launched in India in 2016, UPI has since gained tremendous popularity and is now used by millions of people for fast and convenient money transfers.
More ESI Questions
- Which one of the following is not one of the pillars of PMJDY?
- India’s first Long term Fiscal policy was adopted during the tenure of ..................... as Minister of Finance.
- Which of the following statements is/are TRUE with respect to UIDAI ? I.The UIDAI is a statutory authority established under the jurisdiction of the Minis...
- The Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched in ___________.
- A $300-million ‘first loss risk sharing instrument’ has been formed by World Bank & __________.
- Consider the following statements regarding social security system in India: 1. National social assistance programme comes under the ministry of social jus...
- Economic Survey in India is published officially, every year by the:Â
- In which of the following satisfies the conditions for a monopsonistic market?
- What is the main objective behind the creation of Regulations Review Authority by RBI?
- When there is an official change in the exchange rate of domestic currency, then it is called: