Unified Payments Interface (UPI) Context: Unified Payments Interface has completed 10 years since its launch in 2016. The network has expanded rapidly, with participating banks rising from 216 (2021) to 691 (2026). Has significantly improved access to digital payments. Provides affordable and user-friendly payment options across both urban and rural regions. UPI services are now operational in more than eight countries, including: United Arab Emirates, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius, Qatar About UPI A real-time payment platform that allows instant transfer of money between bank accounts using a mobile device. Eliminates the need for traditional banking details during transactions. Managed by the National Payments Corporation of India. Enables users to send and receive money across different banks and apps through a single UPI ID/interface. Ensures seamless integration across platforms. Key Functional Features Instant fund transfer facility 24×7 availability QR code-based payments Supports: Person-to-Person (P2P), Person-to-Merchant (P2M) transactions Security Mechanism Uses two-factor authentication for verification. Built on secure digital protocols to ensure safe and reliable transactions. Southern Railway – 75th Foundation Day Context: Southern Railway, one of the oldest zones of Indian Railways, celebrates its 75th Foundation Day today, April 14. On April 14, 1951, Southern Railway was formed through the amalgamation of the Madras & Southern Mahratta Railway, the South Indian Railway, and the Mysore State Railway. The history of railways in South India began in 1856 with the operation of the first train from Royapuram to Arcot (Walajah Road). The railway network expanded nationally through connections established with the West Coast in the 1860s, Mumbai in the 1870s, and Howrah in the 1900s. Key achievements of Southern Railway include the Nilgiri Mountain Railway (1899) and the Pamban Bridge (1925). While preserving its rich heritage, Southern Railway remains committed to providing modern technology, safety, and world-class amenities.…
