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Module: General Practice

Q33: Which entity operates the Bharat Bill Payment System (BBPS)?

A
NPCI Bharat BillPay Ltd. (NBBL)
B
The Reserve Bank of India (RBI)
C
The Clearing Corporation of India Limited (CCIL)
D
A consortium of all member banks
✅ Correct Answer: A
The BBPS is operated by NPCI Bharat BillPay Ltd. (NBBL). NBBL is a wholly owned subsidiary of the National Payments Corporation of India (NPCI) and is dedicated to managing the operations of the BBPS.
This corporate structure is relevant to the RBI's Payment Systems Report - June 2025.
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