68. New indigenously developed payment app 'BHIM' (Bharat Interface for Money) was in the News, consider the following statements in this regard:

i. BHIM is a biometric payment system app using Aadhar platform, and is based on Unified Payment

Interface (UPI) to facilitate e-payments directly through bank.

ii. It was launched to stress on the importance of technology and digital transactions and can be used on all mobile devices.

Which of the statements given above is/are correct?

a) i only

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b) ii only

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c) Both i and ii

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d) Neither i nor ii

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Solution

The correct option is C
c) Both i and ii

Ans68 .C

Explanation: The new indigenously developed payment app 'BHIM' (Bharat Interface for Money) has been named after the main architect of Indian constitution, Bhim Rao Ambedkar. Through this app, Bharat RatnaBhim Rao Ambedkar's name will take the centre-stage in India's economy. BHIM was launched to stress on the importance of technology and digital transactions. It can be used on all mobile devices, be it a smartphone or a feature phone with or without internet connection, he added.

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Similar questions

1. Consider the following statements,

1] BHIM is a biometric payment system app using Aadhar platform, and is based on Unified Payment Interface (UPI) to facilitate e-payments directly through bank.

2] The payments through the new system (BHIM App) can be made by just a thumb impression after the bank account is linked with Aadhaar gateway.

Which of the following statements is/are incorrect?

Q29) Consider the following statements about BHIM app.

1.BHIM is a biometric payment system app using Aadhar platform.

2.It is based on Unified Payment Interface (UPI).

3. BHIM will curb black money system.

Which of the above statements is/are correct?

33. Consider the following statements :

1. BHIM(Bharat Interface for Money) is a biometric payment system app.

2. BHIM is linked to Aadhar platform.

3. It is developed by Google.

Which of the above statements is/are correct ?

Q. Which mobile application has been launched by Karnataka Bank Limited built on the Unified Payments Interface platform of the NPCI?

Q10. Consider the following statements:

1. UMANG (Unified Mobile Application for New-age Governance) app aims to build common, unified platform and mobile app to facilitate single point of access for government services (centre, state and utility services) through mobile.

2. It has been developed by Ministry of Electronics and Information Technology (MeitY) and National e-Governance Division (NeGD).

Which of the above statements are correct?

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