Bharat Bill Payment System (BBPS)

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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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