Question

    Which of the following entities is primarily responsible for issuing Aadhaar-enabled Payment System (AePS) services?

    A Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    B National Payments Corporation of India (NPCI) Correct Answer Incorrect Answer
    C State Bank of India (SBI) Correct Answer Incorrect Answer
    D Ministry of Finance Correct Answer Incorrect Answer
    E National Informatics Centre (NIC) Correct Answer Incorrect Answer

    Solution

    The Aadhaarenabled Payment System (AePS) is a service provided by the National Payments Corporation of India (NPCI) that allows banking transactions through Aadhaar authentication.

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