{"id":91540,"date":"2025-06-01T10:59:39","date_gmt":"2025-06-01T10:59:39","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91540"},"modified":"2025-06-01T10:59:39","modified_gmt":"2025-06-01T10:59:39","slug":"which-one-of-the-following-links-all-the-atms-in-india","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-one-of-the-following-links-all-the-atms-in-india\/","title":{"rendered":"Which one of the following links all the ATMs in India ?"},"content":{"rendered":"

Which one of the following links all the ATMs in India ?<\/p>\n

[amp_mcq option1=”Indian Banks’ Association” option2=”National Securities Depository Limited” option3=”National Payments Corporation of India” option4=”Reserve Bank of India” correct=”option3″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC IAS – 2018<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe correct option is C. The National Payments Corporation of India (NPCI) links all the ATMs in India through its National Financial Switch (NFS).
\n<\/section>\n
\nNPCI is the umbrella organization for retail payments and settlement systems in India, responsible for operating various critical payment infrastructures including the network that connects ATMs.
\n<\/section>\n
\nThe National Financial Switch (NFS) is the largest network of shared automated teller machines (ATMs) in India, operated by the National Payments Corporation of India (NPCI). It connects the ATMs of various banks, enabling interoperability for cash withdrawal and other services. The other options are incorrect: Indian Banks’ Association is an industry body; National Securities Depository Limited is related to the stock market; and RBI is the regulator but does not operate the physical network connecting ATMs.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Which one of the following links all the ATMs in India ? [amp_mcq option1=”Indian Banks’ Association” option2=”National Securities Depository Limited” option3=”National Payments Corporation of India” option4=”Reserve Bank of India” correct=”option3″] This question was previously asked in UPSC IAS – 2018 Download PDFAttempt Online The correct option is C. The National Payments Corporation of India (NPCI) … <\/p>\n

Detailed SolutionWhich one of the following links all the ATMs in India ?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1114,1120,1190],"class_list":["post-91540","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1114","tag-economic-development","tag-money-banking","no-featured-image-padding"],"yoast_head":"\nWhich one of the following links all the ATMs in India ?<\/title>\n<meta name=\"description\" content=\"The correct option is C. The National Payments Corporation of India (NPCI) links all the ATMs in India through its National Financial Switch (NFS). 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