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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
e-RUPI, a new digital payment mode under UPI is launched by Hon’ble Prime Minister on ____
A
1st August 2021
B
15th August 2021
C
5th August 2021
D
02nd August 2021
Explanation: 

Detailed explanation-1: -On August 2, 2021, Indian Prime Minister Narendra Modi introduced the e-RUPI digital payment system. Direct benefit transfer (DBT) will be significantly more successful thanks to the cashless and contactless e-RUPI digital payment instrument. This will provide digital governance with a fresh perspective.

Detailed explanation-2: -By India Today Web Desk: Prime Minister Narendra Modi launched the digital payment solution e-RUPI on August 2, 2021. e-RUPI is a cashless and contactless instrument for digital payment that will play a significant role in making direct benefit transfer(DBT) more effective.

Detailed explanation-3: -The central bank of India has started the pilot of digital Rupee in four cities including–Mumbai, New Delhi, Bengaluru, and Bhubaneswar. For the initial testing, RBI partnered with four banks–State Bank of India, ICICI Bank, Yes Bank, and IDFC First Bank.

Detailed explanation-4: -e-RUPI Is A Currency, And UPI Is A Payment Platform: On the other hand, UPI is only a payment platform that facilitates monetary transactions from one bank account to another.

Detailed explanation-5: -Detailed Solution The correct answer is National Payments Corporation of India. In News: Taking the first step towards having a digital currency in the country, PM Modi will launch an electronic voucher-based digital payment system “e-RUPI”.

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