General Knowledge · General Awareness
Within the Bharat Bill Payment System (BBPS) framework, which entity acts as the Central Unit (BBPCU), and what role do commercial banks and non-bank entities play?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1NPCI acts as the BBPCU, while banks and non-bank entities act as BBPOUs categorized as Customer BBPOUs or Biller BBPOUs.✓
- 2The Reserve Bank of India acts as the only BBPOU to ensure that no private entity can handle sensitive payment data related to utility bills.
- 3The Customer BBPOU is responsible for setting utility tariffs for local municipalities before processing payments.
- 4The BBPS system only allows payments through physical cash at designated counters and does not support internet banking or mobile wallets.
Correct answer
NPCI acts as the BBPCU, while banks and non-bank entities act as BBPOUs categorized as Customer BBPOUs or Biller BBPOUs.
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