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What does BHIM stand for:
Question

What does BHIM stand for:

A.

Bheem Intraface for Mobile

B.

Bharat Intraface for Money

C.

Bharat Interface for Money

D.

Bheem Interface for Mobile

Correct option is C

The correct answer is: (C) Bharat Interface for Money

Information Booster:

  • The BHIM (Bharat Interface for Money) app was launched by the Government of India on December 30, 2016.
  • It is a mobile-based payment app launched by the Government of India to facilitate digital transactions.
  • The app allows users to send and receive money, make payments, and perform various financial transactions using Unified Payments Interface (UPI) technology.
  • ​Played a significant role in boosting digital payments in India, especially during the demonetization period.​

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