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    Question

    Dilip Asbe is the Chariman of which of the following

    organization?
    A Bharat Bill Payment System Correct Answer Incorrect Answer
    B National Payments Corporation of India Correct Answer Incorrect Answer
    C BharatPay Correct Answer Incorrect Answer
    D PhonePe Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Reserve Bank of India recently eased norms for non-bank entities to set up Bharat Bill Payment operating units by reducing the net-worth requirement to Rs 25 crore from Rs 100 crore, with a view to encourage more players in the segment. Bharat 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. It was launched by NPCI.

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