Multiple choice

NPCI - National Payments Corporation of India, is the umbrella body for all retail payment systems in India. When was NPCI incorporated?

  1. 1999

  2. 2003

  3. 2008

  4. 2011
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

NPCI (National Payments Corporation of India) was incorporated in 2008 as an initiative of the Reserve Bank of India and Indian Banks' Association. It's a not-for-profit company that operates retail payment and settlement systems in India.

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