47 - Payment Systems

Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on Payment Systems for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Bank

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1).
What is e-payment?
2).
Which among the following activities are not permitted to payments banks?
3).
What is the maximum amount of loan can be extended by payments banks?
4).
What is the maximum amount of balance can be maintained an individual in payments bank?
5).
Which committee mooted the idea of payments banks?
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