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.
    A 12.77 billion Correct Answer Incorrect Answer
    B 11.96 billion Correct Answer Incorrect Answer
    C 10.56 billion Correct Answer Incorrect Answer
    D 9.81 billion Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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. 

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