The ‘Bharat Interface for Money (BHIM)’ app has been developed by which of the following organizations?
(A) Reserve Bank of India
(B) NPCI
(C) SEBI
(D) NASSCOM
Correct Answer: (B) NPCI
Explanation:
The BHIM (Bharat Interface for Money) app was developed by the National Payments Corporation of India (NPCI) to facilitate fast and secure cashless payments using the Unified Payments Interface (UPI). It was launched by the Government of India in 2016 to promote digital transactions.
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