Consider the following statements about the National Payments Corporation of India (NPCI):
1. It plays a role in promoting financial inclusion in the country.
2. It launched RuPay, an indigenous card payment scheme.
Which of the statements given above is/are correct?

Question

Accepted Answer

C. Both 1 and 2. Both statements hold. NPCI genuinely works to expand financial inclusion in India by building affordable, widely accessible digital payment infrastructure, and it is the body that launched RuPay, India's own domestic card payment network built as an alternative to international card schemes. Since both statements are accurate, option C is correct.

Answer

A. 1 only

Answer

B. 2 only

Answer

C. Both 1 and 2

Answer

D. Neither 1 nor 2