50 - Bharat Bill Payment System (BBPS)

Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on Bharat Bill Payment System (BBPS) for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Bank

1.
Which of these committees is related to BBPS?
2.
Under which act the banks, which are desirous of operating as BBPOUs, need to get the approval?
3.
Which organisation will authorise the Bharat Bill Payment Operating Units in the BBPS?
4.
What are the advantages of BBPS?
5.
Who can become an authorised BBPOU under BBPS?
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