BHIM and UPI

Here are some MCQs on BHIM and UPI

1. What does BHIM stand for?

a) Bharat Money

b) Better Handling of Indian Money

c) Bharat Interface for Money

d) Bank for Hindustan and Indian Money

2. Which organization launched BHIM?

a) Reserve Bank of India

b) State Bank of India

c) National Payments Corporation of India

d) Ministry of Finance

3. What is the full form of UPI?

a) United Payment Interface

b) Unified Payments Initiative

c) Universal Payment Integration

d) Unified Payments Interface

4. UPI allows users to link multiple bank accounts with a single mobile application. (True/False)

5. BHIM and UPI are two different digital payment solutions. (True/False)