Question

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?

• A. a) 1 only
• B. b) 2 only
• C. c) 1 and 3 only
• D. d) All of the above

Answer 1

The correct option is D d) All of the above

Answer 29: D

Explanation: 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. It 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)
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.
BHIM will curb black money system.