IBPS RRBs Officer Scale I 06 Sep 2014 Paper

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Question : 98 of 200

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The Reserve Bank of India recently proposed ‘anytime anywhere’ bill payment system. With reference to it, which of the following statements is/ are correct?

The centralized bill payments infrastructure will consist of two types of entities
It will function as a tiered structure for operating the bill payment system
It will be known as Indian Bill Payment System (IBPS)
Both 1 and 2
Both 2 and 3

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