SarkariPYQ

SSC CHSL 2019 PYQ — Question 37

SSC CHSL - 2nd July 2019 - Shift 2 • General Awareness • Q37

Back to paper

In December 2016, the National Payments Corporation of India developed a mobile payment app named as__________

Show answer & explanation

Correct answer: C

Explanation

The correct answer is option 3, i.e. BHIM.

In December 2016, the National Payments Corporation of India developed a mobile payment app named as______________.

BHIM

BHIM:
  • BHIM is a mobile payment App developed by the National Payments Corporation of India, based on the Unified Payments Interface.
  • The app supports all Indian banks which use UPI, which is built over the Immediate Payment Service (IMPS) infrastructure and allows the user to instantly transfer money between bank accounts of any two parties.

National Payments Corporation of India:

 
  • It is an umbrella organisation for operating retail payments and settlement systems in India.
  • Headquarters: Mumbai