UPI stands for:
AUnified Payments Interface
BUnited Payment Interface
CUniversal Payment Index
DUnique Payment Identifier
Answer & Solution
Correct answer: A. Unified Payments Interface
UPI: launched April 2016 by NPCI (National Payments Corporation of India). Real-time mobile payments using virtual payment address (VPA, like name@bank). Linked to bank account directly. India's most-used digital payment system.
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