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DB Quiz - Digital Products

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

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 _______.

a)

MCTC 

b)

Debit Card

c)

Gift Card

d)

Credit Card

2.

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

a)

WhatsApp Banking

b)

Internet Banking

c)

YES Mobile

d)

All options are correct

3.

Choose the correct option with regard to White Label ATM.

a)

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

b)

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

c)

ATM machine does not have any branding of Bank.

d)

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

4.

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

a)

Internet Banking

b)

WhatsApp Banking

c)

SMS Banking

d)

Mobile Banking

5.

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?

a)

YES Robot

b)

Samsung Pay

c)

YES Genie

d)

YES Pay

6.

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

a)

Mobile

b)

Offsite

c)

Onsite

d)

Worksite

7.

Which of the following services is not available on ATM?

a)

Request for cheque book

b)

Funds Transfer

c)

Update nominee

d)

Cardless cash withdrawal

8.

ATM stands for _______.

a)

Automatic Teller Machine

b)

Anytime Money

c)

Automated Teller Machine

d)

Automated Telling Machine

9.

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

a)

Customer must be present in India physically for account opening

b)

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

c)

Time limit to complete Full KYC is 12 months.

d)

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

10.

Choose the correct option with regard to Brown Label ATM.

to run business.

a)

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

b)

ATM has logo of the sponsor bank.

c)

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

d)

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

11.

Which of the following is not true with regard to a cash dispenser?

a)

Customer can withdraw money but cannot deposit cheque.

b)

Customer can withdraw money.

c)

Customer can withdraw as well as deposit cash.

d)

Customer cannot deposit cash.

12.

Customer has issued a cheque. The cheque details can be reconfirmed through which platform that would act as an additional layer of security?

a)

YES Money

b)

Cheque Truncation System

c)

Positive Pay

d)

YES Pay

13.

Mr. Shrikant wants to book a fixed deposit worth Rs. 200000. He can do it through which of the following channels?

a)

Only Internet Banking and Mobile Banking

b)

WhatsApp Banking, Internet Banking and Mobile Banking

c)

Only Internet Banking

d)

SMS Banking, Internet Banking and Mobile Banking

14.

Customer wants to place a cheque book request. It can be done through which of the following channels?

a)

WhatsApp Banking

b)

SMS banking

c)

YES Mobile

d)

All options are correct

15.

Mrs. Preeti, is on a leisure trip to the US. She is carrying a Multi Currency Travel Card for easy payments. She can manage her travel card through which of the following platforms?

a)

YES Money

b)

YES Pay

c)

YES Scale

d)

YES Genie