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Detail Form
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1.
A 'Debit Card' is issued by a bank to
2.
Which of the following is the limitation of the ATMs owing to which people are required to visit branches of the bank?
I. It does not accept deposits.
II. It has a limited cash disbursement capacity.
III. Lack of human interface.
Select the correct answer using the codes given below:
I. It does not accept deposits.
II. It has a limited cash disbursement capacity.
III. Lack of human interface.
Select the correct answer using the codes given below:
3.
Real time gross settlement benefits
4.
Which of the following banks has opened the country's first, 'Cash Factory' in Lucknow which will issue currency notes to all its branches and ATM in that area?
5.
As we all know, more and more countries/ organisations are now going for non- cash transactions and accordingly banks have launched many new products in the market for the same. Which of the following products is a non-cash transaction product?
6.
As we have noticed, banks these days are giving more emphasis on 'Branchless Banking.' What does this really mean?
I. What does this really mean? Banks will not have many branches as used to be in the good old days. Instead, the number of branches will be restricted and will conduct only a specified" core business.
II. Banks will launch/operate many delivery channels like ATMs, Mobile Banking/Internet Banking, etc, so that people are not required to visit a branch for their usual banking needs.
III. This means banks will issue only debit or credit cards for all types of day-to- day financial transactions. Cheques/ cash payments will not be allowed. Select the correct answer using the codes given below:
I. What does this really mean? Banks will not have many branches as used to be in the good old days. Instead, the number of branches will be restricted and will conduct only a specified" core business.
II. Banks will launch/operate many delivery channels like ATMs, Mobile Banking/Internet Banking, etc, so that people are not required to visit a branch for their usual banking needs.
III. This means banks will issue only debit or credit cards for all types of day-to- day financial transactions. Cheques/ cash payments will not be allowed. Select the correct answer using the codes given below:
7.
A-card stores and provides identification authentication, data storage and application processing applications
8.
Which of the following is known as Plastic Money?
I. Demand Draft
II. Credit Card
III. Debit Card
Select the correct answer using the codes given below
I. Demand Draft
II. Credit Card
III. Debit Card
Select the correct answer using the codes given below
9.
Many times we read a term CBS used in banking operations. What is the full form of the letter C in the term 'CBS'?
10.
Which of the following is a leading electronic payment technology firm? (The logo of the firm can be seen printed on credit cards/ ATM centres etc.