RazorpayX Glossary Quiz
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5th Grade
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9 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is RazorpayX Lite?
A digital account created in RazorpayX for businesses to start accepting payments or make payouts within a short span of time.
A form of money transfer routed via RBI by the banks.
An instant and 24x7 available money transfer service that is routed through NPCI.
A corporate credit card for business expenses.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Current Account in RazorpayX?
A digital account created in RazorpayX for businesses to start accepting payments or make payouts within a short span of time.
An account RazorpayX works to open in partnership with RBL bank or ICICI bank and offers all standard banking features like cheque book, debit card and account statement.
A form of money transfer routed via RBI by the banks.
An instant and 24x7 available money transfer service that is routed through NPCI.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is NEFT?
A digital account created in RazorpayX for businesses to start accepting payments or make payouts within a short span of time.
An account RazorpayX works to open in partnership with RBL bank or ICICI bank and offers all standard banking features like cheque book, debit card and account statement.
A form of money transfer routed via RBI by the banks.
An instant and 24x7 available money transfer service that is routed through NPCI.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is RTGS?
A digital account created in RazorpayX for businesses to start accepting payments or make payouts within a short span of time.
An account RazorpayX works to open in partnership with RBL bank or ICICI bank and offers all standard banking features like cheque book, debit card and account statement.
A form of money transfer routed via RBI by the banks.
An instant and 24x7 available money transfer service that is routed through NPCI.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is IMPS?
A digital account created in RazorpayX for businesses to start accepting payments or make payouts within a short span of time.
An account RazorpayX works to open in partnership with RBL bank or ICICI bank and offers all standard banking features like cheque book, debit card and account statement.
A form of money transfer routed via RBI by the banks.
An instant and 24x7 available money transfer service that is routed through NPCI.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is UPI?
A digital account created in RazorpayX for businesses to start accepting payments or make payouts within a short span of time.
An account RazorpayX works to open in partnership with RBL bank or ICICI bank and offers all standard banking features like cheque book, debit card and account statement.
A form of money transfer routed via RBI by the banks.
An instant and 24x7 available money transfer service that is routed through NPCI.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Contact in RazorpayX?
An entity to whom payouts are made.
An entity to which payouts can be made.
Any transaction made using bank account linked to your RazorpayX account.
The number of days you have to pay the invoice once issued to you.
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