UPSC CAPF Assistant Commandant Model Paper 5

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Question : 104 of 125
 
Marks: +1, -0
Consider the following statements about National Payments Corporation of India (NPCI)
1. NPCI is an umbrella organisation for operating retail payments and settlement systems in India.
1. NPCI is an umbrella organisation for operating retail payments and settlement systems in India.
3. It is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA)
Which of the above statements is/are correct?
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