IIBF Exam 88-100

IIBF Exam 88-100

Professional Development

13 Qs

quiz-placeholder

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IIBF Exam 88-100

IIBF Exam 88-100

Assessment

Quiz

Education

Professional Development

Easy

Created by

Diwakar Tiwary

Used 5+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Which of the following is not a direct benefit of linking of Aadhaar to the bank account of the customer?

Serves as Identity and address proof to enable banking transactions.

Bank account can be opened through the electronic mode.

Facilitates the quick processing and sanction of credit facilities.

Enables credit of Government subsidy/ benefit schemes directly to account.

2.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Which one of the technologies is associated with “Anytime, Anywhere” banking?

Foreign banking network.

Private banking network.

Systems Banking space.

Core banking solution.

3.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

A debit card can be used for __________

(i) Cash withdrawal at ATM.

(ii) For Payment to a merchant through Point of Sales device.

(iii) For Online shopping payments.

(i) and (ii) only

(ii) and (iii) only

(i), and (iii) only

(i), (ii) and (iii)

4.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Immediate Payment Service is available _________

For 24 hour's on all working days.

all the time.

For 24 hour except on Sundays.

For 12 hours on all working days.

5.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

A charge card is similar to a _______

Stored value card

Prepaid card.

Credit card.

Debit card.

6.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Which one of the following categories is not a type of Prepaid Payment instrument?

Semi- open

Closed

Semi closed

Open

7.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Which of the following types of transactions are supported by micro ATM's with BCs?

Deposit, withdrawal, Fund transfer and balance inquiry.

Deposit, Fund transfer, lockers and balance inquiry.

Deposit, withdrawal, Fund transfers and loan inquiry.

Deposit, lending, fund transfer and balance inquiry

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