WorksheetsDB Revision 2
Total questions: 10
Worksheet time: 5mins
Which of the following is not required to transfer funds through RTGS ?
The IFSC of the beneficiary's bank branch
Beneficiary's bank account number
Name of the beneficiary
Nominee of the beneficiary
Which system is used for making bulk repetitive payments?
CTS
NACH
NFS
RTGS
Indian Financial System Code is used for ______.
IMPS
National Electric Funds Transfer
Real Time Gross Settlement
All of the above
______ is an alphanumeric code that uniquely identifies a bank branch participating in the NEFT system.
IFSC
STP
NPCI
USSD
What does BHIM stand for?
Bharat Instant Money
Bharat Institute of money
Bharat Innovation Money
Bharat Interface for Money
Pull Money in UPI means ____.
Send Money
Confirm Money
Request Money
Decline Money
NPCI stands for _____.
National Payments Committee of India
National Payment Clearing House of India
National Payments Council of India
National Payments Corporation of India
Which of the following is not an ADC?
ATM
Locker facility
SMS Banking
Digital Wallet
Financial institutions acting as the Baas provider open their ____ to new third-party provider?
UPI
AI
APIs
EMV
The network of shared automatic computing machines in India is called _____.
NPCI
NFS
BBPS
IMPS
