Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 1422)
1422.
Which of the following payments has been allowed through the Bharat Bill Payment System(BBPS) by Reserve Bank of India?
Answer: Option
Explanation:
The Reserve Bank of India(RBI) has extended the use of the Bharat Bill Payment System(BBPS) for all recurring(repetitive) payments such as school fees, insurance premiums and municipal taxes, Equated Monthly Installments (EMI) on a voluntary basis except for prepaid recharges to extend the scope and coverage of BBPS.
Discussion:
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