Current Affairs - Sports Current Affairs
Which digital payments system in India enables instant bank-to-bank transfers and forms a backbone of Digital India?
Which digital payments system in India enables instant bank-to-bank transfers and forms a backbone of Digital India?
easy Q6 of 15
Step-by-Step Solution
Step 1: Identify instant payment system
The system allows real-time bank-to-bank transfers via mobile apps.Step 2: Recall platform
Unified Payments Interface (UPI) enables instant digital payments.Final Answer:
UPI → Option BQuick Check:
UPI = Instant digital transfer ✅
Quick Trick: UPI = Unified instant payments.
Common Mistakes:
- Confusing NEFT with instant transfer.
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