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Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and other service providers to levy charges on payments made through the Unified Payments Interface (UPI) and other notified electronic payment modes.
Source: All India Radio News (official). The summary and key points are quoted from that release; no AI is used. Check the source for the full text.
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Pair one-liners with mock tests so mistakes become the next revision list.
Note which exams each story matters for, and revise it again in the week before that exam.
