Question

    Bharat Bill Payment System is created by:

    A NPCI Correct Answer Incorrect Answer
    B RBI Correct Answer Incorrect Answer
    C Ministry of Finance Correct Answer Incorrect Answer
    D SBI Correct Answer Incorrect Answer
    E ICICI Bank Correct Answer Incorrect Answer

    Solution

    Bharat Bill Payment System (BBPS) is an integrated bill payment system in India. National Payments Corporation of India (NPCI) will function as the authorised Bharat Bill Payment Central Unit (BBPCU), which will be responsible for setting business standards, rules and procedures for technical and business requirements for all the participants.

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