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In the light of the Budget 2017-18 announcements, which of the following statements is /are true about the BHIM (Bharat Interface for Money) App?
A cashback scheme has been announced for individuals
Referral bonus has been announced for individuals
Cashback scheme has been announced for merchants
Both 2 and 3
1st statement is incorrect because there is no cashback scheme announced for individuals under BHIM application.
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