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BANKING & FINANCE UPI / NPCI

Fintech Platform jUMPP Secures NPCI License as Third Party Application Provider

AI-driven fintech platform jUMPP has received licensing approval from the National Payments Corporation of India (NPCI) to operate as a Third Party Application Provider (TPAP).
This license enables the startup to integrate and offer direct Unified Payments Interface (UPI) services natively through the jUMPP mobile application.
The move expands the UPI ecosystem by adding innovative, AI-assisted interfaces for retail payment users.
Tracking TPAP approvals by NPCI is vital for banking and financial awareness sections of bank clerk and officer exams.

Key Facts / Static GK

NPCI Founded: 2008
NPCI MD & CEO: Dilip Asbe
TPAP: Third Party Application Provider

Q Practice Quiz — 30 June 2026

1. Mahesh Dixit, who has been appointed as the new Director of the Intelligence Bureau (IB) in June 2026, belongs to which cadre of the Indian Police Service (IPS)?

A Telangana Cadre
B Andhra Pradesh Cadre
C Karnataka Cadre
D Maharashtra Cadre
E Uttar Pradesh Cadre

Explanation: Mahesh Dixit is a 1993-batch IPS officer belonging to the Andhra Pradesh cadre who has been appointed as the Director of the Intelligence Bureau for a two-year tenure starting 30 June 2026.

2. Former Chief Election Commissioner Rajiv Kumar has been appointed as the Part-Time Chairman of which major Indian private sector bank?

A ICICI Bank
B Axis Bank
C HDFC Bank
D Yes Bank
E Kotak Mahindra Bank

Explanation: The Board of Directors of HDFC Bank approved the appointment of Rajiv Kumar, the 25th Chief Election Commissioner of India, as its Part-Time Chairman, succeeding Atanu Chakraborty.

3. Who has been appointed as the Director of the Vikram Sarabhai Space Centre (VSSC) in Thiruvananthapuram, Kerala?

A Dr. S. Somanath
B Dr. U.P. Rajeev
C Dr. A. Rajarajan
D Dr. Samir V. Kamat
E Dr. N. Kalaiselvi

Explanation: Dr. U.P. Rajeev, formerly the Associate Director (R&D) at VSSC, succeeds Dr. A. Rajarajan as the new Director of the Vikram Sarabhai Space Centre.

4. Consider the following statements regarding the 'Air Suvidha 2.0' portal: 1. It was developed by the Ministry of Civil Aviation in partnership with Mumbai International Airport Limited (MIAL). 2. The portal serves to strengthen health screening at Points of Entry (PoE) in response to a declared Ebola virus emergency. 3. It was designed with backing from the Directorate General of Health Services (DGHS). Which of the statements given above is/are correct?

A Only 1 and 2
B Only 2 and 3
C Only 1 and 3
D All 1, 2, and 3
E Only 2

Explanation: Statement 1 is incorrect because 'Air Suvidha 2.0' was launched in collaboration with Delhi International Airport Limited (DIAL), not MIAL. Statements 2 and 3 are correct.

5. Which state has been selected for the launch of the pilot project of the 'PM Family Care Tracker (PM-FCT)', a digital platform to track maternal and child health records?

A Maharashtra
B Uttar Pradesh
C Gujarat
D Rajasthan
E Madhya Pradesh

Explanation: The PM Family Care Tracker (PM-FCT) was launched by Union Minister Amit Shah as a pilot project specifically in the state of Gujarat.

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