Bharat Bill Payment System (BBPS)

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6. Customers can access BBPS through various payment modes, including:

a) Credit cards and Bitcoins

b) Cash, Demand Draft, and Cheques

c) UPI, Mobile Wallets, and Debit cards

d) Traveler’s Cheques and Money Orders

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7. Who among the following can participate as a BBPS operating unit?

a) Only government entities

b) Only banks and financial institutions

c) Any entity approved by RBI and NPCI

d) Only merchant aggregators

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8. What is the maximum amount limit for bill payments through BBPS?

a) Rs. 10,000

b) Rs. 50,000

c) Rs. 1,00,000

d) Rs. 5,00,000

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9. Is BBPS available only for resident Indians or can non-resident Indians (NRIs) also use it?

a) BBPS is available only for resident Indians

b) BBPS is available only for NRIs

c) BBPS is available for both resident Indians and NRIs

d) BBPS is not available for anyone

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10. BBPS provides which of the following advantages to customers?

a) Real-time bill tracking and alerts

b) Lower transaction charges compared to other modes

c) Convenience and flexibility of multiple payment methods

d) All of the above

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