UPSC CSE Prelims
Question 22
Consider the following statements :
- National Payments Corporation of India (NPCI) helps in promoting the financial inclusion in the country.
- NPCI has launched RuPay, a card payment scheme.
Which of the statements given above is/are correct ?
View correct answer and explanation
Correct answer: C
Correct Option: C
Explanation: NPCI provides interoperable retail payment infrastructure that supports financial inclusion and launched the domestic card network RuPay; both claims are correct.
Statement/Pair-wise Analysis:
Statement/Item 1: Correct - NPCI schemes widen access to low-cost digital banking and payment services.
Statement/Item 2: Correct - RuPay is NPCI’s domestic card-payment network.
Option-wise Analysis:
A: Incorrect - omits correct statement/item 2.
B: Incorrect - omits correct statement/item 1.
C: Correct - includes all and only the true statements/items.
D: Incorrect - omits correct statement/items 1, 2.