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Daily quiz | 11 Aug 2026

Daily quiz: UPI, NPCI and the payments law

10 questions in 10 minutes, with negative marking and a worked solution for every question.

BankingCurrent AffairsBanking Awareness

What this quiz covers

  • Digital payments law
  • UPI and MDR
  • Merchant Discount Rate
  • Payment systems
  • NPCI
  • Payment and Settlement Systems Act
  • Zero-MDR regime
  • UPI fundamentals
  • Parliament and banking law
  • Taxation of G-Sec income

Difficulty mix

3
Easy
6
Moderate
1
Hard

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Before you start

  • The clock starts when you open the quiz and does not pause. That is the point: a quiz you can pause measures your knowledge, not your recall speed.
  • Negative marking applies at the rate used by the exam this quiz is aimed at, so a blind guess is not free.
  • If your browser closes, your answers are saved locally and you can resume.
Start the quiz