Challenger App

No.1 PSC Learning App

1M+ Downloads
Which of the following is an invalid mode for initiating a UPI transaction under current guidelines?

AVPA (Virtual Payment Address)

BMobile number linked to bank account

CIFSC and MICR combination

DQR Code

Answer:

C. IFSC and MICR combination

Read Explanation:

.


Related Questions:

Where a monetary loss is likely to occur, such risks are described as ---.
Paperless banking is known as
A commercial bank’s “Liquidity Coverage Ratio (LCR)” is designed to ensure that:
Which sector is primarily served by Small Finance Banks?
What is the proof of the insurance contract?