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Start learning 50% faster. Sign in nowBharat Bill Payment System (BBPS) is an interoperable platform for bill payments and the scope and coverage of BBPS extends to all categories of billers who raise recurring bills. Users of BBPS enjoy benefits like standardised bill payment experience, centralised customer grievance redressal mechanism, prescribed customer convenience fee, etc. BBPS has seen an increase in the volume of transactions as well as number of onboarded billers. It is observed that there has not been a corresponding growth in the number of non-bank Bharat Bill Payment Operating Units (BBPOUs). The current requirement of net worth for a non-bank BBPOU to obtain authorisation is ₹100 crore and it is viewed as a constraint to greater participation. It is, therefore, proposed to align the net worth requirement of non-bank BBPOUs with that of other non–bank participants who handle customer funds (like Payment Aggregators) and have a similar risk profile. Accordingly, the net worth requirement for non-bank BBPOUs is being reduced to ₹25 crore
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In the question given below, one word has been omitted. Choose the most appropriate word from the given options that can fill the blank and make ...
Fill in the blanks.
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Select the most appropriate option to fill in the blank.
We’ll accept your application _______ you fulfil all the conditions.
Without a _____________ set of policies to persuade the electorate, the Republicans have resorted to sloganeering and empty rhetoric.
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I will be at the park ______ 6 o clock.
That the sentence given with blanks are to be filled with an appropriate word
We should first collect the funds and then ….. action.
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