Question

BHIM full form is _____ .

• A. Bharat Investing Money Scheme
• B. Bharat Interface for Money
• C. Bank International for Money
• D. Bharat International Money Security

Hint:

When learning about payment systems, focus on their purpose and how they enable digital transactions, like the role of BHIM in UPI-based payments.

Answer 1

The Correct Option is B

BHIM stands for Bharat Interface for Money, a mobile app developed by the National Payments Corporation of India (NPCI) for facilitating fast and secure digital payments using the UPI platform.