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UPSC 2018: Which one of the following links all the ATMs in India ?
(a)Indian Banks’ Association
(b)National Securities Depository Limited
(c)National Payments Corporation of India
(d)Reserve Bank of India
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Not attemptedCorrect Answer: (c) National Payments Corporation of India
The National Financial Switch (NFS), which inter-connects virtually every ATM in the country, is owned and operated by the National Payments Corporation of India (NPCI); hence NPCI is the organisation that links all ATMs in India. Other bodies listed either represent banks (IBA) or regulate/supervise the system (RBI) but do not operate the switch itself, while NSDL deals with securities depositories, not ATMs. ([en.wikipedia.org](https://en.wikipedia.org/wiki/National_Financial_Switch?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2018 Indian Economy question?▼
The correct answer is option (c): National Payments Corporation of India. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Digital Payments & Financial Inclusion question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2018, GS Paper 1, as Question 15. It falls under Indian Economy > Digital Payments & Financial Inclusion.
What is the difficulty level of this UPSC question?▼
This question is rated "easy". It tests basic recall and most well-prepared aspirants should answer it correctly.
How many UPSC Prelims questions have been asked from Digital Payments & Financial Inclusion?▼
UPSC has asked 20 questions from Digital Payments & Financial Inclusion (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.