Q. Single-Block-And-Multiple-Debit Functionality was seen in the news recently is related with –

[A] Central Bank Digital Currency (CBDC)

[B] )Unified Payments Interface (UPI)

[C] Genetically Modified (GM) Crops

[D] Increasing Exports

Answer: B

Explanation – The Reserve Bank of India (RBI) has augmented the potentialities of Unified Payments Interface (UPI) by introducing the functionality of a single-block-and-multiple-debit in UPI. This will enhance the ease of making payments for investments in securities including through the retail direct platform as well as e-commerce transactions

Source: PIB