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Unified Payments Interface Quiz
Unified Payments Interface (UPI) is a real-time payment system developed by the National Payments Corporation of India (NPCI) that enables instant money transfer between bank accounts through a mobile platform.
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What does UPI stand for?
10 points
Unified Payments Interface
Universal Payment Integration
Unique Payment Identifier
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What is the maximum transaction limit per UPI transaction in India at present?
10 points
₹1 lakh
₹2 lakhs
₹5 lakhs
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Which organization developed UPI?
10 points
RBI
NPCI
SEBI
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Can UPI be used for paying utility bills?
10 points
Yes
No
Only for selected bills
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What is the maximum number of UPI IDs a user can have?
10 points
1
2
Multiple
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Is it necessary to have a bank account to use UPI?
10 points
Yes
No
Only for large transactions
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Which of the following is required to authenticate a UPI transaction?
10 points
ATM PIN
UPI PIN
Password
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Which of the following can be used to send money via UPI?
10 points
Mobile number
UPI ID
Both A and B
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What does the 'P' in UPI stand for?
10 points
Payments
Processing
Portal
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Which of the following is a UPI-enabled app?
10 points
Google Pay
WhatsApp
Instagram
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