Q. With reference to the Bharat Interface for Money (BHIM) 3.0, consider the following statements:
1.The ‘Action Needed Assistant’ feature alerts users about pending bills, UPI Lite activation, and low Lite balances to ensure timely financial management.
2.It has been launched by the National Payments Corporation of India (NPCI).
3.The ‘Family Mode’ feature allows users to link family members’ bank accounts for joint transactions.
Which of the statements given above are correct?
Answer: A
Notes:
Explanations –
Statements 1 and 2 are correct. The ‘Action Needed’ feature in BHIM 3.0 serves as a task assistant, notifying users of pending bills and suggesting payments through UPI Lite. BHIM 3.0 was developed and launched by the National Payments Corporation of India (NPCI).
Statement 3 is incorrect. The ‘Family Mode’ feature in BHIM 3.0 enables users to split and track shared expenses among family members, rather than linking their bank accounts for joint transactions.
Source: The Hindu
