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Which NPCI initiative enables bill payments across multiple categories through a single platform?
- UPI
- BBPS
- AePS
- IMPS
Answer: BBPS
BBPS (Bharat Bill Payment System) is an integrated bill payment platform by NPCI that enables customers to pay recurring bills (electricity, water, gas, DTH, telecom) through multiple channels (online, bank branches, BCs, CSCs). Offers interoperability, instant confirmation, and grievance redressal.