Match the following features with their relevance under

Solution

• A. Real-time dashboards → 3 (Improved monitoring of transactions) – Helps banks track credits/debits instantly. • B. End-to-end encryption → 1 (Cybersecurity enhancement) – Ensures secure transaction processing. • C. Self-service user management → 2 (User autonomy in managing services) – Banks can independently configure and manage recurring payments. • D. PGP-encrypted file downloads → 1 (Cybersecurity enhancement) – Adds a layer of safety for sensitive financial data. Additional Context: • NACH (National Automated Clearing House), managed by NPCI, processes bulk recurring payments like salaries, pensions, EMIs, subsidies, and SIPs. • NACH 3.0 (from July 2025) promises: o Faster debit/credit settlements, o Stronger cybersecurity (multi-factor authentication, encryption), o Better efficiency in automated recurring transactions. • It strengthens the digital payments infrastructure critical for India’s financial inclusion and automation ecosystem.