A) It is a domestic card scheme
B) It is an electronic payment transfer system
C) It is the name of debit card issued under Dhan Jan Yojana
D) Both 1 and 3
E) None of the above
Correct Answer: A
Solution :
RuPay is an Indian domestic card scheme conceived and launched by the National Payments Corporation of India (NPCI). It was created to fulfill the Reserve Bank of India's, desire to have a domestic, open loop, and multilateral system of payments in India. It was launched on 26 March 2012.
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