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      Question

      Unified Payment Interface (UPI) is regulated by which of

      the following organisation?  
      A Government of India Correct Answer Incorrect Answer
      B Reserve Bank of India Correct Answer Incorrect Answer
      C National Payments Corporation of India Correct Answer Incorrect Answer
      D SEBI Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Unified Payments Interface   ( UPI ) is an instant real-time  payment system  developed by  National Payments Corporation of India  facilitating inter-bank transactions. The interface is regulated by the  Reserve Bank of India  and works by instantly transferring funds between two bank accounts on a  mobile platform.

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