EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

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
(a)Only I
(b)Only II
(c)Only III
(d)Both II and III
(e)All of these

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Important Questions on Banking Innovation in India
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
The term 'Plastic money' refers to

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
'UIDAI' stands for ______.

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
It is mandatory to quote the _____ on all large-value financial transactions.

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
A bank without any branch network that offers its services remotely through online banking, telephone/mobile banking and interbank ATM network alliances is known as:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
The concept of 'Micro Credit' essentially concentrates on _____.

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
The Aadhaar Enabled Payment System (AEPS) is a bank-led model that facilitates banking correspondents across banks. However, Aadhaar enabled basic types of banking transactions do 'not' include _____.

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Which of the following services related to the execution of transactions directly with consumers, rather than corporations or other banks?

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Value added services means _____.
