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Bad Bharat Public School, GRH Mary (Pusey Road Campus), New Delhi Session 2015 2016 Worksheet No. 2 Term: Second Subject: Math Name: Class/Sec: III. Date: Q.1 Tick the correct option: a) What is 90
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BBPSGR stands for 'Bharat Bill Payment System Guidelines for Regulation'. It is a framework governing the operations and management of the Bharat Bill Payment System in India.
Entities participating in the Bharat Bill Payment System, such as biller agencies, service providers, and payment system operators, are required to file BBPSGR.
To fill out BBPSGR, the entity must gather relevant data regarding their bill payment operations, including service details, compliance information, and submit it through the designated channels set by the regulatory authority.
The purpose of BBPSGR is to ensure a standardized, secure, and efficient billing and payment process in India, promoting transparency and consumer convenience.
Information that must be reported includes details of the billers, transaction volumes, transaction values, compliance adherence, and any incidents of fraud or disputes related to bill payments.
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