state gov Patna High Court Assistant 2023 Mock Test Current Affairs Business and Economy Apps in News
With reference to Unified Payments Interface (UPI), consider the following statements:
1. It is a system that powers multiple bank accounts into a single mobile application of any participating bank.
2. The interface has been developed by the National Payments Corporation of India (NPCI).
3. It also caters to the Peer to Peer collection requests which can be scheduled and paid as per requirement and convenience.
4. There are dedicated UPI apps for desktops, laptops & smartphones.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1, 2 and 3 only
4
1, 2, 3 and 4