Question
According to data from the National Payments Corporation
of India (NPCI), India's instant payment system Unified Payment Interface (UPI) showed a slight decline in September, recording _______ transactions.Solution
According to data from the National Payments Corporation of India (NPCI), India's instant payment system Unified Payment Interface (UPI) showed a slight decline in September, recording 10.56 billion transactions.  In value terms as well, it was marginally up, increasing 0.3 per cent to Rs 15.8 trillion from Rs 15.76 trillion in August.    Based on NPCI data, Immediate Payment Service (IMPS) transactions were recorded at 473 million in volume and Rs 5.07 trillion in value.Â
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What is the primary role of the National Payments Corporation of India (NPCI)?
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