Banking awareness quiz 47 (on NPCI)

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Q 1)What is an instruction/order by a bank account holder gives to his /her bank to pay a set of amount at regular intervals to another account ?

Payer's instruction

Stand by instruction

Standard instruction

Standing instruction

Q 2)Which of following is not an example of plastic money ?

Demand drafts

Credit card

Debit card

Green cards

Q 3)Which of the following is not the property of debit card ?

It doesn't comes under revolving credit

Debit card is connected to bank account

Spending Bank's funds

Control over the expenditure is posssible

Q 4)Choose the different one from the following payment processing platforms ?

Master card

VISA

Rupay

American express

Q 5)Which institute has developed the payment platform RuPay ?

IRDAI

NABARD

Reserve Bank of India

National payment corporation of India

Q 6)When the NPCI was incorporated as a Section 25 company under Companies Act 1956 ?

January 2009

December 2008

January 2008

December 2009

Q 7) What are the autorized and paid up capital of NPCI respectively ?

Rs 300 and 100 crore

Rs 100 and 300 crore

Rs 100 and 500 crore

Rs 500 and 100 crore

Q 8) How many promoter banks are there for NPCI ?

Nineteen

Ten

Eighteen

Twenty

Q 9) UPI is an USSD service developed by NPCI for doing financial and non financial services through mobiles , What is the dialing code to access UPI services ? ?

*99*1#

*99*2#

*9999#

*99#

Q 10)Which of the follwoing is not the product developed by NPCI ?

National Financial Switch

Bharat interface for Money

Indian bill payment system

National automated clearing house

Take More Banking Awareness Quizzes from below

• Banking awareness quiz 48(On NI Act & Banks centres classification )
• Banking awareness quiz 46(On Payments & Settlements )
• Banking awareness quiz 45(On RBI Part 2)
• Banking awareness quiz 44(On RBI)
• Banking awareness quiz 43(On Bank Loans 4)

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