PU-MET : Panjab University MBA Entrance Exam with MCQ Answers 2024

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61.

e-RUPI is developed by which of the following organization

A: Reserve Bank of India
B: National Payments Corporation of India
C: Council of Scientific & Industrial Research
D: NITI Aayog

The answer is: B

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Explanation

The correct option is B: National Payments Corporation of India.

e-RUPI is a digital payment solution developed by the National Payments Corporation of India (NPCI) in collaboration with the Department of Financial Services, Ministry of Health & Family Welfare, and the National Health Authority. It is a cashless and contactless instrument for digital payments, designed to ensure that the benefits reach the intended beneficiaries in a targeted and leak-proof manner.