New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What does B mean in APBS, which is an  –Aadhaar

    linked bank account?
    A Bank Correct Answer Incorrect Answer
    B Budget Correct Answer Incorrect Answer
    C Bridge Correct Answer Incorrect Answer
    D Best Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Aadhaar Payment Bridge System for electronically channelizing all your Government subsidies and benefits to your Aadhaar linked Bank Account. It creates a bridge between the Government Departments and their sponsor banks on one hand and beneficiary banks and beneficiaries on the other hand.

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