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    Question

    Which is a digital banking product?

    A Fixed deposit Correct Answer Incorrect Answer
    B Demand draft Correct Answer Incorrect Answer
    C UPI Correct Answer Incorrect Answer
    D Banker’s cheque Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Detailed Concept Explanation UPI – Unified Payments Interface is a digital banking product that allows instant fund transfers using mobile apps. Why other options are NOT correct

    • Fixed deposit: Traditional deposit product
    • Demand draft / Banker’s cheque: Paper-based instruments

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