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Digital Banking and E-Banking

31.

Banking in India has its origin. as early as ___ period

Answer: C

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Answer: D

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Answer: B

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Answer: D

One can choose the IMPS method to transfer money using net banking, mobile banking, ATMs or SMSs.D) — As internet banking also facilitates IMPS, so all internet banking account holders can use IMPS to transfer funds. There are 2 options available here – One is through MMID. And another is through IFSC Code of bank branch of beneficiary (to whose account amount to be transferred), in this option MMID of neither is needed to perform transaction.

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35.

Imperial Bank was established on January 27,1921 on the advice of

Answer: A

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36.

LIME, the country’s first mobile app that offers Wallet, Shopping, Payments & Banking belongs to which of the following banks?

Answer: A

LIME act as an independent app, empowering any person to open individual, shared mobile wallets and make seamless peer to peer as well as online, offline merchant payments.

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Answer: A

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38.

In India the Commercial Banks are given licence of operation by

Answer: D

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Answer: B

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Answer: C

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