Which of the following is not true about Unified Payments Interface (UPI)?
A. UPI is an instant payment system developed by the National Payments Corporation of India (NPCI)
B. Through UPI, all payments are instant and takes place in banking hours
C. Under UPI person will have a single identity and password for using multiple bank accounts
D. UPI is based on the Immediate Payment Services (IMPS) infrastructure
Answer: Option B
This Question Belongs to Commerce >> Banking And Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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