33 - Debit Cards & Credit Cards

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1).
PIN stands for which of the following?
2).
UnionPay debit card is concerned with which among the following country?
3).
Which among the following is correct?
4).
Credit Card is an essential component of which of the following?
5).
Credit Cards are a convenient substitute for which of the following?
6).
Which among the following benefits is associated with RuPay?
7).
Which of the following provides a unified "Kisan Card" issued by banks across the country under Kisan Credit Card, enabling farmers to transact business on ATMs and POS terminals?
8).
POS stands for which of the following?
9).
RuPay debit card is similar to which of the following?
10).
Which of the following is also known as Prepaid Debit cards?
1. PIN stands for which of the following?
[A] Permanent Identity Number
[B] Portable Identification Number
[C] Permanent Identification Number
[D] Personal Identification Number
2. UnionPay debit card is concerned with which among the following country?
[A] China
[B] Nepal
[C] Pakistan
[D] None of The Above
3. Which among the following is correct?
[A] EFTPOS – Online Debit or PIN debit
[B] Offline Debit – Signature Debit
[C] Electronic Purse Card System – Electronic Debit Dealings
[D] All of The Above
4. Credit Card is an essential component of which of the following?
[A] Electronic Commerce
[B] Internet Commerce
[C] Both 1 and 2
[D] None of The Above
5. Credit Cards are a convenient substitute for which of the following?
[A] Cash
[B] Cheque
[C] Both 1 and 2
[D] None of The Above
6. Which among the following benefits is associated with RuPay?
[A] International transactions lead to higher transactions costs. Such costs can be reduced by using RuPay
[B] Users will get alerts for every transaction made through RuPay Card
[C] Processing Fees for RuPay card compared with regular debit/credit cards will be considerably lower
[D] All of The Above
7. Which of the following provides a unified “Kisan Card” issued by banks across the country under Kisan Credit Card, enabling farmers to transact business on ATMs and POS terminals?
[A] RuPay Card
[B] Maestro Card
[C] Forex Card
[D] None of The Above
8. POS stands for which of the following?
[A] Point of Service
[B] Point of Sale
[C] Point of Satisfaction
[D] None of The Above
9. RuPay debit card is similar to which of the following?
[A] Singapore’s NETS
[B] China’s UnionPay
[C] Both 1 and 2
[D] None of The Above
10. Which of the following is also known as Prepaid Debit cards?
[A] Loadable Debit Cards
[B] Reloadable Debit Cards
[C] Relational Debit Cards
[D] None of The Above
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