Banking General Awareness Modern Banking Question Bank Practice Questions - Digital Banking

  • question_answer
    Which of the following statements is/are correct about Unified Payment Interface?
    I. It allows a customer to pay directly from a bank account to different merchants using IFSC code.
    II. No charges are applicable for making fund transfer.

    A)  I only                          

    B)  II only

    C)  Both I and II                

    D)  None of these

    Correct Answer: D


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