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Current Affairs MCQs 2026-03-30

221.

The expansion of UPI's reach to which of the following has also contributed to its growth?

A Only within major metropolitan cities.

B Only to government institutions.

C International markets.

D Only for large corporate transactions.

222.

Which of the following is a key characteristic of the UPI platform that contributes to its adoption?

A Complexity and technical jargon.

B User-friendly interface.

C Limited transaction types.

D High transaction fees.

223.

What is the role of the government in the success of UPI?

A Discouraging digital payments.

B Promoting the use of checks and demand drafts.

C Pushing for a less-cash economy.

D Restricting internet access.

224.

The digital payment revolution driven by UPI is transforming the Indian economy by:

A Increasing reliance on physical currency.

B Fostering financial inclusion and boosting e-commerce.

C Reducing the number of banking services available.

D Limiting access to digital payment options.

225.

What new features have been introduced to further fuel UPI's growth?

A UPI Lite X and UPI Credit Card integration

B UPI for international remittances only

C UPI for government bond trading

D UPI for offline transactions only

226.

Which of the following is NOT cited as a factor contributing to UPI's surge?

A Increasing smartphone penetration

B High cost of mobile data plans

C User-friendly nature of the UPI platform

D Government's push for a less-cash economy

227.

Which organization releases the official data for UPI transactions?

A Reserve Bank of India (RBI)

B Ministry of Finance

C National Payments Corporation of India (NPCI)

D Indian Banks' Association (IBA)

228.

What was the approximate value of UPI transactions in FY 2025-26?

A Less than INR 150 trillion

B Between INR 150 and 200 trillion

C Over INR 250 trillion

D Between INR 200 and 250 trillion

229.

Approximately how many transactions did UPI process in FY 2025-26?

A Less than 100 billion

B Between 100 and 120 billion

C Over 150 billion

D Between 120 and 150 billion

230.

What payment system has reached new milestones in transaction volumes and values in FY 2025-26?

A NEFT

B RTGS

C IMPS

D UPI