Bharat Bill Payment System (BBPS)

16. BBPS allows customers to make bill payments 24×7, throughout the year.

a) True

b) False

17. Which of the following is NOT a BBPOU (Bharat Bill Payment Operating Unit)?

a) Banks

b) Payment banks

c) Non-Banking Financial Companies (NBFCs)

d) Insurance companies

18. Under the BBPS system, customers can make bill payments through ________?

a) Email

b) Telegram

c) WhatsApp

d) SMS

19. BBPS leverages the robustness of which of the following payment systems?

a) UPI (Unified Payments Interface)

b) IMPS (Immediate Payment Service)

c) NEFT (National Electronic Funds Transfer)

d) RTGS (Real-Time Gross Settlement)

20. Which of the following is a method of bill payment available in BBPS but not in traditional bill payment systems?

a) Cheques

b) Demand Drafts

c) Cash

d) UPI