DB Quiz - Digital Products

RM notices that the customer is using a Samsung phone. She can suggest Samsung Pay to make secure payments at retail stores using YES BANK _______.

• MCTC 

• Debit Card

• Gift Card

• Credit Card

Mrs. Ashima wants to apply for a debit card. She can do it through which of the following channels?

• WhatsApp Banking

• Internet Banking

• YES Mobile

• All options are correct

Choose the correct option with regard to White Label ATM.

• Hitachi Payment Services is the first company authorized by RBI to open WLAs in the country.

• RBI is directly involved because these White Label Companies have to separately get license from RBI

• ATM machine does not have any branding of Bank.

• Hardware and the lease of the ATM machine is owned by a service provider.

Mr. Amit wants to book a recurring deposit worth Rs. 2000. He cannot do it through which of the following channels?

• Internet Banking

• WhatsApp Banking

• SMS Banking

• Mobile Banking

Mr. Jugal is using a third party app for making payments using E-Wallet. RM can suggest which digital solution of YES Bank that offers similar services?

• YES Robot

• Samsung Pay

• YES Genie

• YES Pay

ATM which is situated in the branch premises is a/an _____ ATM.

• Mobile

• Offsite

• Onsite

• Worksite

Which of the following services is not available on ATM?

• Request for cheque book

• Funds Transfer

• Update nominee

• Cardless cash withdrawal

ATM stands for _______.

• Automatic Teller Machine

• Anytime Money

• Automated Teller Machine

• Automated Telling Machine

Which of the following is not true with regard to Digital account opening?

• Customer must be present in India physically for account opening

• Quick access to UPI / his other bank details should be available to fund the Digital Savings Account

• Time limit to complete Full KYC is 12 months.

• Customer must keep Pan & Driving License ready for filling account opening application

Choose the correct option with regard to Brown Label ATM.

to run business.

• RBI is directly involved because these Brown Label Companies have to separately get license from RBI

• ATM has logo of the sponsor bank.

• These ATMs are set up, owned and operated by non-bank entities.

• Cash management and connectivity to banking network as well as hardware and the lease of the ATM machine is owned by a service provider.