_______ is an integrated bill payment system which will offer inter operable bill payment service to customers online as well as through a network of agents on the ground. A. BBPS B. IMPS C. AEPS  D. APBS E. None of the Above

1 Answer

Answer :

A. BBPS Explanation: The Bharat Bill Payment System (BBPS) is a RBI mandated system which will offer integrated and interoperable bill payment services to customers across geographies with certainty, reliability and safety of transactions.

Related questions

Description : ________ have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS) recently. A. Common Service Centres (CSC) B. Financial Institutions C. Only (A) D. Both (A) and (B) E. None of the Above

Last Answer : A. Common Service Centres (CSC) Explanation: over 1.5 Lakh common service centres (CSC) or Digital Seva Kendres have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS).

Description : Which of the following will function as the Bharat Bill Payment Central Unit (BBPCU), single authorized entity operating the BBPS? A. RBI B. NPCI C. GOI D. All of the Above E. None of the Above

Last Answer : B. NPCI Explanation: National Payments Corporation of India (NPCI) will function as the authorized Bharat Bill Payment Central Unit (BBPCU), which will be responsible for setting business ... BBPCU, will also undertake clearing and settlement activities related to transactions routed through BBPS.

Description : The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar ... . Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer

Last Answer : C. Online Payment Explanation: Services Offered by AEPS: Balance Enquiry Cash Withdrawal Cash Deposit Aadhaar to Aadhaar Fund Transfer Gateway Authentication Services

Description : As per the Reserve Bank of India, BBPS will initially accept utility bill payments such as _________ A. Telephone Bill B. Electricity Bill C. DTH services D. All of the Above E. None of the Above

Last Answer : D. All of the Above Explanation: As per the Reserve Bank of India, BBPS will initially accept utility bill payments such as electricity, water, gas, telephone and direct-to-home services and will later include other repetitive payments including school and university fees and municipal taxes.

Description : An unbanked customer can initiate IMPS transaction using the services of _______. A. PPI B. PCI C. PFI D. PDI E. None of the Above

Last Answer : A. PPI Explanation: An unbanked customer can initiate IMPS transaction using the services of Pre-Paid Payments instrument issuer (PPI).

Description : Money transfer through mobile is called __________. (1) IFSC (2) ATM (3) IMPS (4) IFS 

Last Answer : IMPS

Description : If the endorsement makes the payment of a bill subject to the fulfilment of a condition the endorsement is called _______ A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Both (A) and (B)

Last Answer : C. Conditional Endorsement Explanation: If the endorsement makes the payment of a bill subject to the fulfilment of a condition the endorsement is called Conditional Endorsement.

Description : In the original ARPANET,_______ were directly connected together. A) IMPs B) host computers C) networks D) routers

Last Answer : IMPs

Description : What are the services available under IMPS? A. Funds Transfer and Remittances B. Merchant Payments C. NUUP D. Both (A) and (B) E. All of the Above

Last Answer : E. All of the Above Explanation: The services available under IMPS are Funds Transfer and Remittances Merchant Payments NUUP QSAM

Description : A continually evolving network of independent companies, suppliers, customers, even competitors, linked together to share skills, costs, and access to one another s markets is called a/an ... Virtual organization ; (b) Boundaryless organization ; (c) Modular organization (d) Integrated organization

Last Answer : (a) Virtual organization ;

Description : Portion of the installed reserve kept in operable condition but not placed in service to supply the peak load is known as________.

Last Answer : Portion of the installed reserve kept in operable condition but not placed in service to supply the peak load is known as Cold reserve.

Description : Reserve Bank of India has granted in principle approval to the common service Centres to act as which operating unit to make bill payments in rural? A) Bharat Bill Payment B) National Bill Payment C) Non Banking Financial D) Mobile Banking Payment E) None of these

Last Answer : A) Bharat Bill Payment Explanation: Reserve Bank of India has granted in-principle nod to the common service centres RBI (CSCs) as Bharat Bill Payment Operating Unit to make bill payments at centres in rural bands.

Description : Which of the following protocol is adopted for interoperability by top three IM service providers?a) SIP b) SIMPLE c) XMPP d) IMPS

Last Answer : SIMPLE

Description : A trad-able form of loan is normally termed as ________ A. Certificate of Deposit (CD) B. Inter Bank term Money C. Bill Re-discounting D. Debt Instrument E. None of the Above

Last Answer : D. Debt Instrument Explanation: A trad-able form of loan is normally termed as a Debt Instrument. They are usually obligations of issuer of such instrument as regards certain future cash flow representing Interest & Principal, which the issuer would pay to the legal owner of the Instrument.

Description : BIOS stands for _______: a)Basic Integrated Output System b) Basic Integrated Operator System c) Basic Input Output Software d) Basic Input Output System e) None of The Above

Last Answer : d) Basic Input Output System

Description : In which of the following mode, the BBPOU receives all the bill payment requests for that particular biller without any validation? A. Online Mode B. Offline Mode (A) C. Offline Mode (B) D. All of the Above E. None of the Above

Last Answer : C. Offline Mode (B) Explanation: In Offline Mode (B) receives all the bill payment requests for that particular biller without any validation.

Description : In which of the following mode, BBPOU will confirm the bill payment basis the bill information dump provided by the respective biller? A. Online Mode B. Offline Mode (A) C. Offline Mode (B) D. All of the Above E. None of the Above

Last Answer : B. Offline Mode (A). Explanation: In Offline Mode (A) BBPOU will confirm the bill payment basis the bill information dump provided by the respective biller.

Description : Difference between marketing and selling is ________ a) Marketing focus on customer and selling focus on seller b) Marketing practices integrated approach and selling practices fragmented approach c) Marketing converts customer's need into ... 3. b and d 4. all a, b, c and d 5. None of these

Last Answer : all a, b, c and d

Description : In microcontrollers, I2C stands for A. Inter-Integrated Clock B. Initial-Integrated Clock C. Intel-Integrated Circuit D. Inter-Integrated Circuit

Last Answer : D. Inter-Integrated Circuit 

Description : Select the most accurate statement. Value is ----------- : A. Means value for money B. Is best described as the benefits the business chooses to give to customers through it's ... Is the benefits of a product / service as perceived by the customer D. Does not offer competitive advantage

Last Answer : Is the benefits of a product / service as perceived by the customer

Description : A kiosk a) is data organised and presented in a manner that has additional value beyond t he value of the data itself b) combines microscopic electronic components on a single integrated circuit that ... and service d) describes a computer's type, processor, and operating system e) None of these

Last Answer : c) is a computer station that provides the public with specific and useful information and service

Description : Governments hired some highly skilled hackers. These types of hackers are termed as _______ a) Special Hackers b) Government Hackers c) Cyber Intelligence Agents d) Nation / State sponsored hackers

Last Answer : d) Nation / State sponsored hackers

Description : Ahmed is actively initiating a project, so he plans to invite all relevant  internal and external stakeholders including sponsors, customers, project  teams, etc. for a kick-off meeting. To ensure all ... b. Scope statement c. Project charter d. Work packages e. Project funding agents

Last Answer : c. Project charter

Description : Which of the following endorsement specifies the name of the transferee for the payment of the bill? A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Special Endorsement

Last Answer : E. Special Endorsement Explanation: An endorsement which specifies the name of the transferee for the payment of the bill is called special endorsement.

Description : _______ is used for electronic dealing and reporting of transactions in government securities A. Delivery versus Payment (DvP) B. Negotiated Dealing System (NDS) C. Risk Mitigation D. All of the Above E. None of the Above

Last Answer : B. Negotiated Dealing System (NDS) Explanation: The Negotiated Dealing System (NDS) for electronic dealing and reporting of transactions in government securities was introduced in February ... , bids or applications for primary issuance of Government Securities when auctions are conducted.

Description : An advantage of a distributed word processing network is 1) increased number of reports handled 2) less delay in inter-office communications 3) greater corporate control over outputs 4) All of these

Last Answer : 2) less delay in inter-office communications

Description : The Switching Elements are also called as ………. A. host B. subnet C. Interface Message Processors (IMPs) D. both a and b

Last Answer : C. Interface Message Processors (IMPs)

Description : Which of the following software enables real-time or near-real-time communication? A. Focusware B. Collaborative C. Cooperative D. IMPS

Last Answer : Collaborative

Description : Which of the following protocol is not an Internet Engineering Task Force standard? a) SIP b) SIMPLE c) XMPP d) IMPS

Last Answer : IMPS

Description : The _______ layer provides a well defined service interface to the network layer, determining how the bits of the physical layer are grouped into frames A. Data Link B. Physical C. Network D. Session

Last Answer : A. Data Link

Description : Telecommunication networks frequently interconnect an organization with its customers and suppliers. Select the best fit foranswer: A. Bandwidth alternatives B. Switching alternating C. Inter organizational networks D. Extranets

Last Answer : Inter organizational networks

Description : Which of the following companies has tied up with ICICI Lombard General Insurance to offer motor insurance to its customers? A) Audi B) BMW C) Ford D) Porsche E) Volkswagen

Last Answer : B) BMW Explanation: BMW has partnered with ICICI Lombard General Insurance to provide the most comprehensive and beneficial motor insurance solutions to BMW customers.

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Last Answer : I would love to see the out-takes. :-)

Description : Walton Food Products decided to use agents to reach industrial accounts several years ago. Logically, this decision was based on which one of the following? A)Steady demand for the firm's ... C)Walton's desire to reduce selling costs D)The willingness of agents to provide market information

Last Answer : C)Walton's desire to reduce selling costs

Description : Export agents A)bring buyers and sellers from different countries together and collect a commission for arranging sales. B)purchase products from different companies and sell them to ... customers in foreign countries. D)arrange for licensing agreements between domestic and foreign countries.

Last Answer : A)bring buyers and sellers from different countries together and collect a commission for arranging sales.

Description : “Islamic Banking” the term used for _______ A. Covering Banking to Islamic nation B. prohibition of the collection and payment of interest C. Sharing of Profit and loss D. Both (A) and (B) E. Both (B) and (C)

Last Answer : E. Both (B) and (C) Explanation: Two basic principles behind Islamic banking are the sharing of profit and loss and, significantly, the prohibition of the collection and payment of interest by lenders and investors. Collecting interest is not permitted under Islamic law.

Description : _______ percentage of Payment Bank‟s branches must be in the unbanked rural area. A. 25% B. 10% C. 15% D. 20% E. None of the Above

Last Answer : A. 25% Explanation: 25% of Payment Bank‘s branches must be in the unbanked rural area.

Description : Payment banks can accept a restricted deposit which is currently limited to _______ per customer account. A. Rs.1 lakh B. Rs.3 lakh C. Rs.2 lakh D. Rs.5 lakh E. None of the Above

Last Answer : A. Rs.1 lakh Explanation: Payment banks can accept a restricted deposit which is currently limited to Rs. 1 lakh per customer account.

Description : _______ is a type of computing that performs computation, storage and even applications as a service across a network. (1) Cloud Computing (2) Distributed Computing (3) Parallel Computing (4) Virtual Computing

Last Answer : Cloud Computing 

Description : How can you exceed your customer's expectations? A. By changing the appearance of the product regularly B. By providing something unique in the way you offer the service, either in the ... By providing huge discounts on your products or services D. By placing reviews prominently on your website

Last Answer : B. By providing something unique in the way you offer the service, either in the nature of the service or the energy with which you offer it

Description : Kregger Rug Cleaning Service offers potential customers one room of carpet cleaned free. Kregger makes this offer in an effort to satisfy which one of the following quality areas for service? A)value B)experience C)credence D)search

Last Answer : B)experience

Last Answer : In development Rural electricity Bill To give Rules: Development * 246 # Dial To do After 5 there is pay bill therefore 5 Press Then there is 1 electricity therefore 1 Press Then there is 1 Palli bidyut ... And Sal ( e.g. June 08 = 062019 ) After that Money Quantity Finally Pin Numbers.

Description : One difference between manufacturers' agents and selling agents is that A)selling agents have little control over the marketing mix of the manufacturers they represent. B)selling agents ... have the territorial restrictions that manufacturers' agents do. E)selling agents represent wholesalers.

Last Answer : E)selling agents represent wholesalers.

Description : Make an Online Credit Card Bill Payment?

Last Answer : Credit card users can go to their card company's website to make online payments with ease. This is an excellent way to save money on stamps, time writing checks, and to avoid possible late ... way to avoid paying any possible late payment fees because the payment will always be made on time.

Description : This is a software distribution model in which applications are hosted by a vendor or service provider and made available to customers over a network, typically the Internet. A. Platform as a Service (PaaS) B. Infrastructure as a Service (IaaS) C. Software as a Service (SaaS).

Last Answer : Software as a Service (SaaS).

Description : The greatest single cause of failure in beginning teachers lies in the area of Options: A) General culture B) General scholarship C) Subject-matter back ground D) Inter-personal relations

Last Answer : D) Inter-personal relations

Description : The carrier that handles inter-LATA services is calleda(n) _______. A) POP B) IXC C) LEC D) none of the above

Last Answer : IXC

Description : D) ICICI Bank Explanation: New features will enable customers to instantly pay taxes and book railway tickets within the app. iMobile users will also be able to purchase travel & motor insurance as well as buy mutual funds from 19 asset management companies.

Last Answer : According to HSBC, India is expected to contribute how much of the world GDP by the middle of next decade? A) 4.3% B) 4.9% C) 5.2% D) 3.4% E) None of these

Description : There are a multitude of various dressings available. Which of the following statement(s) is/are true concerning options for surgical dressings? a. Hydrocolloids, such as karaya compounds, offer ... are highly useful in debriding necrotic and fibrous material from wounds and absorbing wound serum

Last Answer : Answer: a, d Although the simplest dressing of gauze and tape combined with the use of antibacterial ointment can achieve moist wound healing in most patients. A multitude of other ... agents have high absorbency for tissue wound fluid and debride necrotic and fibrous material from the wound

Description : A(n) _______ is a program that makes the computer easier to use a) utility b) application c) operating system d) network e) None of these

Last Answer : c) operating system