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WorksheetsMAB
Total questions: 49
Worksheet time: 25mins
Name
Class
Date
1.
Which one of the following is not a BHIM Aadhar SBI Merchant app feature?
a)
No cash receipt - No risk of forged notes
b)
Cardless - Only PAN required for transaction
c)
Get Transaction reports
d)
Payment directly credited to the account
2.
Mr. Shantanu wants to accept payments at his Super market through Aadhar details. Which one of the following is not a requirement for accepting payments through BHIM Aadhar - SBI Merchant?
a)
Android Smart Phone
b)
Certified Bio metric Reader
c)
Aadhar seeded account with SBI
d)
Swiping machine
3.
Payments processed under BHIM Aadhar SBI Merchant app are based on which platform?
a)
NEFT
b)
RTGS
c)
AEPS
d)
IMPS
4.
Which one of the following a customer is not required to have, to make payment using his Aadhar credentials?
a)
BHIM Aadhar app on his Smart phone
b)
Account with any Bank
c)
Aadhar number seeded to his account
d)
Input his Aadhar number at the time of transaction
5.
Mr. Roy is planning to offer Aadhar based payment system at his Clothes shop but he is not sure when he will receive the payment in his account. What is the timeline to receive payment by the Merchants for BHIM Aadhar SBI transactions?
a)
T+1
b)
T+2
c)
S+1
d)
Real time basis
6.
Mr. Ramesh travels to Vijayawada from Hyderabad by road atleast 2 times a month to meet his parents. He feels irritated the he has to spend a lot of time at the various Toll gates in between. Which one of the following products will help Mr Ramesh to drive through the Toll gates with out stopping to pay Toll tax?
a)
ZipTag
b)
TollTag
c)
FirstTag
d)
FastTag
7.
Which of the following is not a benefit of the SBI FASTag
a)
Easy Recharge/Top up through Authorised Service providers
b)
Instant discount on Toll tax
c)
Auto top up from the customer's SB account
d)
Saves Time , Fuel and Money
8.
Mr. Akram owns a commercial vehicle and has interstate licence . As he wants to reduce his waiting time at Toll Plazas, he approached SBI for issue of FASTag. Which of the following is not an incentive for the Bank to promote FASTag to commercial vehicle owners?
a)
Value added service to existing customers
b)
Value added servie to attract new customers
c)
Float funds for the Bank and scope for other income
d)
Regualr monthly EMI payment for the Commercial vehicle loan
9.
For the purpose of RFIDs, NHAI has divided all vehicles into how many categories ?
a)
5
b)
6
c)
7
d)
8
10.
Which one of the following is not a financial obligation for the SBI FASTag customer?
a)
Refundable Security amount
b)
Issuance Fee
c)
Minimum balance in card
d)
Covenience Fee
11.
Bank wants to provide infrastructure for acceptance of payments by swiping of cards at all its trading and retails customer locations.What is this business generally referred as?
a)
Merchant Acquisition Business
b)
Merchant And Business
c)
Merchant Acquiring Business
d)
Merchant Acquinting Business
12.
A Jewellery shop owner who wants to start accepting Credit/Debit cards at his shop approaches his bank. Which hardware he will be requesting the bank to install in his shop?
a)
Point Over Sale Terminal
b)
Power on Sale Terminal
c)
Primary Sale Terminal
d)
Point of Sale Terminal
13.
Mr. Suraj who is having a SB account with XYZ Bank has used his Debit card at a Super Market. In MAB Terminology, what is XYZ Bank called?
a)
Acquirer
b)
Merchant
c)
Issuer
d)
Card Owner
14.
Mr. Raj who is having a SB account with XYZ Bank has used his Debit card at a Super Market. In MAB Terminology, what is Mr Raj called?
a)
Acquirer
b)
Card Holder
c)
Issuer
d)
Card Owner
15.
Ms. Shoba who is having a SB account with XYZ Bank has used her Debit card at a Super Market. In MAB Terminology, what is the Super Market called?
a)
Acquirer
b)
Approver
c)
Issuer
d)
Merchant
16.
Mr. Rajeev who is having a SB account with XYZ Bank has used his RuPay Debit card at a Super Market. In MAB Terminology, what is RuPay called?
a)
Card Owner
b)
Card Approver
c)
Issuer
d)
Card Schemes
17.
Mr. Ram who is having a SB account with XYZ Bank has used his RuPay Debit card at a Super Market which is also a customer with XYZ Bank and using the PoS machine provided by the Bank. In MAB Terminology, what is this transaction called?
a)
Own Bank Transaction
b)
Same Bank Transaction
c)
Off-Us Transaction
d)
On-Us Transaction
18.
Ms. Zhea who is having a SB account with XYZ Bank has used her Visa Debit card at a Jewelley Store. The store has an account with ABC Bank and using the PoS machine provided by its Bank. In MAB Terminology, what is this transaction called?
a)
Other Bank Transaction
b)
Non-home Transaction
c)
Off-Us Transaction
d)
On-Us Transaction
19.
Mr. Verma who is having a SB account with XYZ Bank has used his Visa Debit card at a Cloth showroom. The showroom has Current account with ABC Bank and using the PoS machine provided by the Bank. In MAB Terminology, what is ABC Bank called?
a)
Acquirer
b)
Approver
c)
Issuer
d)
Merchant
20.
Ms. Sneha who is having a Credit card issued by XYZ Bank has used her card at a Jewelley Store. The store has current account with ABC Bank and using the PoS machine provided by the Bank. ABC Bank has to pay some commission to the XYZ Bank. In MAB Terminology, what is this commission called?
a)
MDR
b)
Discount
c)
Intercharge
d)
Interchange
21.
Ms. Neha who is having a Credit card issued by XYZ Bank has used her card at a grocery Store. The store has current account with ABC Bank and using the PoS machine provided by the Bank. For each transaction, ABC Bank charges some commission from the Grocery store. In MAB Terminology, what is this commission called?
a)
Interchange
b)
Discount
c)
Merchant Discount Rate
d)
Premium
22.
Mr. Ramana who is having a SB account with XYZ Bank has used his VISA Debit card at a Super Market. VISA charges some fee for facilitating Interbank payments and routing of transactions. In MAB Terminology, what is this fee called?
a)
Scheme Fee
b)
Discount
c)
Merchant Discount Rate
d)
Premium
23.
Which one of the following is not an advantage of using Credit/Debit cards by a cardholder for payment at the merchant locations?
a)
Need not carry cash
b)
No balance required in the account
c)
Saves Time/Money in visiting the Branch/ATM to withdraw the cash.
d)
Earning of Reward points
24.
Which one of the following is not an advantage of accepting Credit/Debit cards by a Merchant for receipt of payment?
a)
Decreased Cash handling
b)
Decreased risk of forged notes
c)
Increased sales
d)
Decreased customer stickiness
25.
Which one of the following is not an advantage for an Acquiring Bank to provide PoS machines to its current account business customers?
a)
Reduced cost of transaction
b)
Higher CASA deposits
c)
De-cluttering of branches and ATMs
d)
A SBI card swiped on other bank PoS machine shifts the funds to other bank.
26.
Mr. Raju has a Kirana store business. Presently he has a fixed telephone line in his shop. If he wants to go for a PoS machine but wants to save on rental, which type of terminal he should prefer?
a)
Desktop GPRS
b)
Portable GPRS
c)
PSTN
d)
Mobile PoS
27.
Mr. Krishna has a small readymade garments store. He does not have a landline in his shop. If he wants to go for a PoS machine but wants to save on rental, which type of terminal he should prefer?
a)
Desktop GPRS
b)
Portable GPRS
c)
PSTN
d)
Mobile PoS
28.
Mr. Khan recently got license as a dealer from IOC to set up a petrol bunk at a busy X roads junction in Hyderabad. If he wants to go for PoS machines to enable card payments by the customers, which type of terminal he should prefer?
a)
Desktop GPRS
b)
Portable GPRS
c)
PSTN
d)
Mobile PoS
29.
Ms. Shailaja recently opened a Home food catering facility from her home. Though some people started visiting her place to get the food packed, she is also offering home delivery facility to near by localities. she has a highend smartphone. If she wants to go for PoS machines to enable card payments on home delivery, which type of terminal she should prefer?
a)
Desktop GPRS
b)
Portable GPRS
c)
PSTN
d)
Mobile PoS
30.
Which one of the following is not a charge recovered by the Acquiring Bank from the Merchant under MAB?
a)
Commitment charges
b)
Installation charges
c)
De-installation charges
d)
Adaptor replacement charges
31.
Mr. Basant operates a grocery store in his suburban locality and he receives all his payments in cash. By the end of the day he gets good amount of cash which he need to deposit in Bank which is located 10 kms away. There is no ATM in his area and he heard about a facility offered by SBI through which he can pay cash to the people who swipe their debit card at his shop. what is the facility called?
a)
Dynamic Currency conversion
b)
Currency disbursement
c)
Cash@PoS
d)
PoS@Cash
32.
Mr. Spielberg visits Hyderabad in relation to a Film festival. He goes around the Night bazar at Shilparamam and purchase some ethnic bangles. He pays in USD using his Card by availing the Dynamic currency conversion (DCC) facility offered by the shopkeeper on his SBI PoS machine. Who converts the transaction rupee amount into USD under DCC?
a)
Issuing Bank
b)
World Bank
c)
Acquiring Bank
d)
Correspondent Bank
33.
Mr. Dheeraj wanted to provide PoS facility at his Fancy store and approached his banker SBI. He was advised to apply online at mab.onlinesbi.com. Which among the following can not be done online in Merchant Module by Mr. Sreedhar?
a)
Apply for new PoS Terminal
b)
Track status of his application
c)
View his transactions after installation
d)
Promote his products through online MAB login
34.
Which one of the following is not an Administrator role in Branch Module of MAB Workflow?
a)
Circle Administrator
b)
Zonal Administrator
c)
Regional Administrator
d)
Branch Administrator
35.
Ms. Shama applied for PoS machine through online. Under MAB Workflow which Role holder in the Branch Module is the first link in on-boarding the merchant?
a)
Recommender
b)
Controller
c)
Originator
d)
Approver
36.
What is the role of the Branch manager of a scale IV branch under MAB workflow?
a)
Approver
b)
Recommender
c)
Originator
d)
Controller
37.
Which role holder in the MAB workflow acts as a link between SBI and TSPs?
a)
Recommender
b)
Approver
c)
MAB Approver
d)
Controller
38.
In MAB workflow which Administrator role holder creates users under senior management?
a)
Regional Administrator
b)
User Administrator
c)
Branch Administrator
d)
Circle Administrator
39.
Ms Smitha who is an Originator role holder in a branch got transferred suddenly and had to be relieved. She was working on the application for PoS machine from a customer and could not complete the process. What is the option for the Branch Administrator under MAB workflow?
a)
Transfer the application to other Recommender
b)
Tell another Recommender to freshly start processing the application
c)
Unlock the application
d)
Finish processing the application by himself from his Id
40.
Which one of the following is not a report generated on MAB Dashboard/MIS?
a)
Apllication status report
b)
Terminal Installation report
c)
Transaction data report
d)
Applicant sales report
41.
What is MDR?
a)
Discount given to customers
b)
Extra commission charged from customers
c)
Rate of Commission charged by the Acquiring bank on each transaction
d)
Rate of discount offered to bank staff
42.
When amount is credited to Merchants for PoS based transactions?
a)
T+1
b)
S+1
c)
T+2
d)
S+2
43.
What is the process of duplicating a data from one card to another card is called?
a)
Skimming
b)
Duplication
c)
Mirroring
d)
Cloning
44.
What is the process of stealing card data through an instrument which is used for fraudulent transactions?
a)
Cloning
b)
Extraction
c)
Skimming
d)
Phishing
45.
What is the mechanism used for payments through Bharat QR app?
a)
Swiping
b)
Scanning
c)
Surfing
d)
Skimming
46.
What is the mechanism used for payments through BHIM Aadhar SBI Merchant app?
a)
QR Code
b)
Cards
c)
Biometrics
d)
VPA
47.
What is the additional equipment required to process Aadhar based payments?
a)
Swiping machine
b)
Card Reader
c)
Biometric Reader
d)
Scanner
48.
BHIM SBI Pay Merchant app works on which platform?
a)
MAB
b)
UPI
c)
AEPS
d)
API
49.
In which payment system platform, VPA is used?
a)
AEPS
b)
QR CODE
c)
IMPS
d)
UPI
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