Question
The National Payments Corporation of India (NPCI) has
incorporated NBSL as its wholly owned subsidiary. In this context, what does the letter ‘B’ stand for in NBSL? (August 2024)Solution
The letter ‘B’ in NBSL stands for "BHIM". • NBSL: NPCI BHIM Services Ltd. is a subsidiary of NPCI, where "BHIM" refers to Bharat Interface for Money, a digital payment application that facilitates simple and quick transactions. • Objective: The incorporation of NBSL is aimed at addressing the growing demand for digital payments, supporting innovation, and promoting financial inclusion. About NPCI: • Established in 2008 as the umbrella organization for retail payments and settlement systems in India. • Products: NPCI offers a range of services, including UPI, RuPay, IMPS, and BHIM, to promote secure and efficient digital payments. • Mission: NPCI is focused on driving India toward a fully digital economy by providing affordable, accessible payment infrastructure.
Fertigation system of irrigation is the
Which term in sericulture refers to the process of removing the sericin protein from silk fibers, resulting in smoother and more lustrous silk?
___________ is the process in which acids and bases react to form salts and water.
Which of the following part of stomach is called “True stomach”?
What percentage of the world's cotton cultivation area does India hold?
In which type of cooperative farming do members retain individual ownership of land?
Main function of bio-fertilizer is
Grass tetany is caused by:
National Income means
The Indian council of Agricultural Research (ICAR) set up an All India Soil Survey Committee in 1953 which divided the Indian soils into …….. major ...
