Which of the following is a most likely consequence of implementing the ‘Unified Payments Interface (UPI)’?...

Question

Which of the following is a most likely consequence of implementing the ‘Unified Payments Interface (UPI)’?

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Answer

Digital currency will totally replace the physical currency in about two decades.

Answer

Mobile wallets will not be necessary for online payments.

Answer

FDI inflows will drastically increase.

Answer

Direct transfer of subsidies to poor people will become very effective.