Question :
Which of the following statements correctly describes the key features of the Bharat Bill Payment System (BBPS)?
Which of the following are correct:
I. The Bharat Bill Payment System is a system conceptualised by the Reserve Bank of India (RBI) and operated by the National Payments Corporation of India (NPCI).
II. BBPS offers a unified platform for recurring bill payments across 200+ billers in categories such as electricity, water, gas, telecom, DTH, loan repayments, insurance, FASTag recharge, and cable services across India.
III. It enables 24x7 bill payments through multiple modes, including online and offline channels.
Select the correct options:
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