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Question
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 statement(s) given above is/are correct?
Options:
A .  Only 1
B .  Both 1 and 2
C .  Neither 1 nor 2
D .  Only 2
Answer: Option A
Answer: (a)

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