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The full form of UPI is

  • A.Unique Payment Icon
  • B.Unified Payment Invension
  • C.Unified Payments Interface
  • D.Uniform Payments Intercell

Answer: C

UPI stands for Unified Payments Interface.

UPI is the real-time payment system developed by the National Payments Corporation of India (NPCI) and launched in 2016. It lets a user link several bank accounts to one mobile app and send money instantly using a virtual payment address, a mobile number or a QR code.

The other expansions are invented: there is no 'Unique Payment Icon', 'Unified Payment Invension' or 'Uniform Payments Intercell'. The three words to remember are Unified, Payments and Interface.

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