National Payments Corporation of India (NPCI) has directed banks and third party apps to stop the UPI services for accounts that have remained inactive for more than a year.This means that if you have not used UPI for transactions for over a year, your UPI account will be frozen and you will not be able to use it. This will take place from December 31, 2023.By guaranteeing that only those UPI IDs that are regularly used continue to be active, the change seeks to optimize and streamline UPI ID usage. The instruction is a proactive measure to improve the UPI ecosystem’s security and efficiency.
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Anjali invested Rs.9000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from t...
A certain amount will become six times in 20 years. How long does it take for the same amount to become 5 times? Assume the same rate of simple interest...
A man deposited 25% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 y...