Which statement correctly reflects the feature of BBPS?
I - The Bharat Bill payment system is a Reserve Bank of India ( RBI ) conceptualised system driven by National Payments Corporation of India ( NPCI ).
II - Bharat Bill Payment System is offering one - stop bill payment solution for all recurring payments with 200 + Billers in the categories Viz . Electricity, Gas, Water, Telecom, DTH, Loan Repayments, Insurance, FASTag Recharge, Cable etc . across India .
III - The payments solution is aimed at making bill payments a round - the - clock option and in any mode.
The Bharat Bill payment system is a Reserve Bank of India (RBI) conceptualised system driven by National Payments Corporation of India (NPCI). It is a one-stop ecosystem for payment of all bills providing an interoperable and accessible “Anytime Anywhere” Bill payment service to all customers across India with certainty, reliability and safety of transactions. In short, we can say that BBPS is an interoperable platform for recurring bill payments operated by the National Payments Corporation of India (NPCI). It offers interoperable bill payment service to customers online as well as through a network of agents on the ground. The system will provide multiple payment modes and instant confirmation of payment. It was piloted in 2016 and went live a year later. By 2019, BBPS onboarded all recurring payments. Bharat Bill Payment System is offering one-stop bill payment solution for all recurring payments with 200+ Billers in the categories Viz. Electricity, Gas, Water, Telecom, DTH, Loan Repayments, Insurance, FASTag Recharge, Cable etc. across India. The payments solution is aimed at making bill payments a round-the-clock option and in any mode . An effective mechanism for handling consumer complaints has also been put in place to support consumer regarding any Bill related problems in Bharat BillPay
Where is Gol Gumbaz situated ?
Which Judicial Plan of Lord Cornwallis established a Court of Circuit?
Hakki Pikki is a tribe of the Indian subcontinent, they mostly live in which state?
Which of the following statements is/are incorrect regarding Micro Unit development and refinance agency (MUDRA)?
1. It provides loans at low i...
Which is illegal as per law?
Who among the following was not supported Simon Commission?
Which of the following is/are a benefit of union membership?
I. Higher wages
II. Better wo...
Which one of the following memories is extremely fast and acts as a high-speed buffer between the CPU and the main memory?
Which of the following have been described as the Conscience of Constitution by the Granville Austin:
1. Preamble
2. Fundamental right<...
Two vehicles A and B travel with uniform speed 30 km per hour and 60 km per hour respectively in the same direction. They start at the same time and fr...
