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Duplicate of Financial Literacy- Digital Payments Gr.9B Flashcards | StudBud
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Duplicate of Financial Literacy- Digital Payments Gr.9B
Duplicate of Financial Literacy- Digital Payments Gr.9B
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1
Demand draft and cheques are included in the digital payment.
True
False
2
________ card allows immediate transfer of money from the account of the card holder.
Debit card
Credit card
Plastic card
Identity card
3
A new digital platform 'Campus power' for student ecosystem has been launched by which bank?
Punjab National Bank
HDFC Bank
ICICI
State Bank of India
4
_______ is an alphanumeric code that uniquely identifies a bank-branch participating in the NEFT system.
SFMS
STP
IFSC
RTGS
5
What is the full form of RTGS?
Read Time Gross Settlement
Real Time Gross Settlement
Real Time Payment
Real time General Settlement
6
A digital payment sometimes called as............
Electronic Payment
mobile payment
Paytm paymentss
Plastic payment
7
Currently BHIM app is available in how many languages?
10
20
15
12
8
The BHIM app was launched by Prime minister Narendra Modi on
30th December, 2016
26th January, 2016
31st October, 2016
15th August, 2016
9
In a credit statement, total amount due means________.
minimum amount required to be paid
billing amount
credit limit amount
total bill amount to be paid
10
With respect to Indian banking transactions , what does NEFT stands for?
National Exchange of Funds Transfer
Net Electronic Funds Transfer
National Electronic Funds Transfer
National Electronic Financial Transfer
