UPSC Previous Year Question | Prelims GS | 2018

Which one of the following links all the ATMs in India?

  1. Indian Banks' Association
  2. National Securities Depository Limited
  3. National Payments Corporation of India
  4. Reserve Bank of India

Answer

Correct Answer

National Payments Corporation of India

Explanation

The National Financial Switch, which interconnects ATMs of all banks in India, is operated by the National Payments Corporation of India (NPCI).

Topics: banking and finance, economy, national financial switch (npci), payment systems