BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Full form of BBPS
A
Bharat Bill payment system
B
Bharat Bill Processing system
C
Baroda Bill Payment system
D
Baroda Bill Processing system
Explanation: 

Detailed explanation-1: -Bharat Bill Payment System (BBPS) is a RBI mandated system which offers integrated and interoperable bill payment services to customers across geographies with certainty, reliability and safety of transactions.

Detailed explanation-2: -The objective of the BBPS is also to provide an accessible bill payments system to the large segments of un-banked / under-banked population. All forms of payments will necessarily be a part of the bill payments system. 27.

Detailed explanation-3: -Bharat Bill Payment System (BPPS), at anytime anywhere bill payment system.

Detailed explanation-4: -They pay phone, electricity, gas and cable bills, school fees for their children, housing society maintenance fees, club membership fees, municipal taxes and many more such payments. With BBPS, all these payments can be made through a single interface!

Detailed explanation-5: -You can visit our Bank website (www.psbindia.com) and select the BBPS bill-payment option or type URL (https://www.psbindia.com/content/bbps ) for instant access. You can choose the category of bill you wish to make a payment for. Post which you need to fill the the details about your bill and make the payment.

There is 1 question to complete.