What does BHIM stand for?

Q. What does BHIM stand for?
Answer: Bharat Interface for Money
Notes: BHIM stands for Bharat Interface for Money. It is a payment service based on the UPI. It allows the real time transfer of fund just using a single identity like name or mobile number.

Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.

📌 Question Number: 1 in 51-BHIM and UPI in the above course in App.