UPSC Prelims GS - 2018

Question 28
MEDIUMCorrect: +2Incorrect: -2

With reference to digital payments, consider the following statements:
1. BHIM app allows the user to tranfer money to anyone with a UPI-enabled bank account.
2. While a chip-pin debit card has four factors 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