Q. Consider the following statements regarding “UPI LITE X”:
1.It was launched by National Payments Corporation of India for offline payments.
2.It will be accessible to anyone with a compatible device that supports Near Field Communication (NFC).
Which of the statements given above is/are correct?
Answer: C
Notes:
Explanation: UPI LITE X was launched for offline payments. It was built based on the UPI Lite feature, which was launched in 2022.
UPI LITE X will be accessible to anyone with a compatible device that supports Near Field Communication (NFC), offering payments faster than other payment methods.
Source: FORUMIAS
