Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-6

  • question_answer
    The National Payments Corporation of India (NPCI) has developed an application to connect payments across smart phones. The application is__________

    A)  Unified Payment Interface

    B)  Payment Interface

    C)  Unique Payment Interface

    D)  Union of Payment Interface

    E)  People's Payment Interface

    Correct Answer: A

    Solution :

     The National Payments Corporation of India (NPCI) launched its unified payments interface on 18 February 2015. The interface will allow account holders across banks to send and receive money from their smartphones using just their Aadhaar unique identity number, mobile phone number or virtual payments address with- out entering bank account details.


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