1.

With reference to digital payments, consider the following statements:1. BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account.2. While a chip-pin debit card has four factors of authentication, BHIM app has only two factors of authentication.Which of the statements given above is/are correct?

A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Answer» B. 2 only


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