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1.
As per the notification issued by the banks, the 'third party ATM usage' will now be restricted to certain withdrawals and limits only. What does it really mean?
I. The ATM card holders will not be able to withdrew from other banks' ATMs under any circumstances.
II. Customers of one bank may be able to withdraw only a limited amount from other banks' ATMs.
III. ATM card holders will have to pay a fee if they withdraw money from other banks' ATMs frequently.
Select the correct answer under the codes given below:
I. The ATM card holders will not be able to withdrew from other banks' ATMs under any circumstances.
II. Customers of one bank may be able to withdraw only a limited amount from other banks' ATMs.
III. ATM card holders will have to pay a fee if they withdraw money from other banks' ATMs frequently.
Select the correct answer under the codes given below:
2.
Opening of maximum number of ATMs is an example of
3.
Telebanking service is based on
4.
The best alternative banking service to branch banking to be the part of financial inclusion?
5.
Which of the following is/are the major concepts visible in today's banking industry in India?
I. Risk-based management
II. Growing competition
III. IT initiatives
Select the correct answer using the codes given below:
I. Risk-based management
II. Growing competition
III. IT initiatives
Select the correct answer using the codes given below:
6.
E-commerce is increasingly becoming a popular mode of doing business. What is this way of operating?
7.
Which is the card that looks like any other plastic card or an ATM card with Integrated Circuit (IC chip)?
8.
'National Financial Switch' has been set- up to facilitate connectivity between the bank's switches and their ATMs and inter- bank payment gateway for authentication and routing the payment details of various e-commerce transactions. Which organisation has set-up this switch?
9.
Banks and other institutions have issued debt and credit cards, the purpose of both are
10.
When we talk of smart money what are we referring to?