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Important Codes and Numbers

1.

World’s first Bank Agnostic Instant Funds Transfer Platform using Facebook launched by?

Answer: B

Kotak Mahindra Bank launched KayPay – World’s First Bank Agnostic Instant Funds Transfer Platform using Facebook. Millions of bank account holders can transfer money to each other at any hour of the day or night, without needing net banking, or knowing various bank account related details of the payee.

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2.

The RBI will consider grant full licenses for payment banks under which section of the Banking Regulation Act, 1949?

Answer: D

No answer description available for this question.
 

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3.

Which of the following is an example for Semi-Closed System Payment Instrument?

Answer: C

Mobikwik Wallet is an example for Semi-Closed System Payment Instrument

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Answer: C

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5.

There is _______ for transaction from Rs.1 to Rs.1 Lakh

Answer: D

There is no charge for transaction from Rs.1 to Rs.1 Lakh

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6.

Which of the following account is supported by BHIM?

Answer: D

Only Savings and Current bank accounts are supported by BHIM

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7.

First Indian Bank got ISO certification is ________

Answer: C

Canara Bank became the first Indian Bank to get ISO certification for “Total Branch Banking” for its Seshadripuram branch in Bangalore.

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Answer: A

External Commercial Borrowings

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Answer: B

PCR – Public Credit Registry

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10.

New Delhi is the headquarters of which of the below Payment banks?

Answer: A

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