The 'Bharat Bill Payment System' is operated by: MCQ with Answer and Explanation

The 'Bharat Bill Payment System' is operated by:
A. NPCI
B. RBI
C. SBI
D. SEBI
Answer: Option A
Solution (By JKSSB Mock Tests)
BBPS is operated by NPCI for bill payments.

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Practice More Economy Set 1 Questions

Question #1
The 'GeM' portal is operated by which organization?
A. Ministry of Finance
B. Ministry of Commerce and Industry
C. NITI Aayog
D. RBI

Correct Answer: Option B


Explanation:
Government e-Marketplace is operated under the Ministry of Commerce and Industry.

This question belongs to: Economy GK Economy Set 1
Question #2
The concept of 'Capital Account Liberalisation' involves:
A. Only the liberalisation of the current account
B. The imposition of new capital controls
C. Only the liberalisation of trade in goods
D. The removal or relaxation of restrictions on cross-border capital flows

Correct Answer: Option D


Explanation:
Capital-account liberalisation refers to the reduction or elimination of legal barriers to the free movement of capital across national borders.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Comptroller and Auditor General of India' is appointed under which article?
A. Article 150
B. Article 280
C. Article 324
D. Article 148

Correct Answer: Option D


Explanation:
The CAG is appointed under Article 148.

This question belongs to: Economy GK Economy Set 1