Question

    UPI volume cap deadline extended till _______.

    A 31st December 2024. Correct Answer Incorrect Answer
    B 31st December 2023 Correct Answer Incorrect Answer
    C 31st December 2022 Correct Answer Incorrect Answer
    D 31St December 2025 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The National Payments Corporation of India (NPCI) extended the volume cap deadline for third-party application providers (TPAPS) by two years, until December 31, 2024. This has been done to preserve growth of NPCI's flagship payments platform – UPI, which is touching record highs every month, in terms of both volume and value of transactions.

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