According to the Payments System Report released by the Reserve Bank of India in 2026, which payment system had the largest share in transaction volume in India?

Subject: General Awareness | Topic: Affairs | Difficulty: MEDIUM

Options

1. (A) National Electronic Funds Transfer (National Electronic Funds Transfer - NEFT)
2. (B) Unified Payments Interface (Unified Payments Interface - UPI)
3. (C) Immediate Payment Service (Immediate Payment Service - IMPS)
4. (D) Real-Time Gross Settlement (Real-Time Gross Settlement - RTGS)

Verified Answer

Option (B): Unified Payments Interface (Unified Payments Interface - UPI)

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