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Digital Banking and E-Banking

61.

SlDBI was set up in ___ as a wholly owned subsidiary of

Answer: D

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62.

Which one of the following is controlled by the World Wide Web?

Answer: B

Internet banking is known as virtual banking. It is called so because it has no bricks and boundaries.

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63.

Currency chest balance will be periodically verified by

Answer: C

No answer description available for this question.

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64.

Airtel Payments Bank launched India’s first online debit card along with a prepaid card with which of the following?

Answer: B

Airtel Payments Bank and Mastercard, a leading global payments and technology firm has launched India’s first online debit card along with a prepaid card, both accessible via the Myairtel App.
The online debit card will enable customers of Airtel Payments Bank to make digital payments at over 100,000 online merchants.

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65.

The maturity period of Treasury Bill is 

Answer: A

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Answer: D

No answer description available for this question.
 

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67.

In which type of banking, electronic financial transactions are done?

Answer: A

E-banking enable financial institution customers, individuals or businesses, to access accounts, transact business, or obtain information on financial products and services.

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68.

‘Eazypay’, India’s first mobile app for merchants to accept payments on mobile phone through multiple digital modes belongs to which bank?

Answer: D

A first-of-its kind application, ‘Eazypay’ offers customers the improved convenience of paying by using their mobile phone through Unified Payment Interface (UPI), any credit / debit card & internet banking, and ‘Pockets’, digital wallet of ICICI Bank.

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Answer: B

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70.

Read the following events

(i) Allowing convertibility of rupee at the market rate in the current account.

(ii) Nationalisation of general insurance business.

(iii) Establishment of IDBI

(iv) Capital adequacy norms for commercial banks.

Arrange the events in the ascending order of their occurrence.

Answer: A

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