GK Question

technology medium true_false

UPI transactions can only be performed during banking hours (9 AM to 5 PM).

  1. True
  2. False

Answer: False

UPI (Unified Payments Interface) operates 24x7x365, including weekends and bank holidays. This round-the-clock availability is one of its key advantages over traditional NEFT/RTGS systems which have time restrictions.

Topic Digital Payments
Exam Relevance Banking, SSC, Railway