BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Baroda Reloadable card is a?
A
Debit card
B
Credit card
C
Pre paid card
D
Charge card
Explanation: 

Detailed explanation-1: -A reloadable prepaid card allows you to add more money. This type of card is sometimes called a General Purpose Reloadable Card, or GPR Card. Some cards start out as non-reloadable, but can be reloaded once you complete a registration process.

Detailed explanation-2: -Bank of Baroda Gift Card’ powered by RUPAY providing you to access to your funds anytime across India across RUPAY Network. It is easy to convenient to use for online transactions to purchase items for your choice.

Detailed explanation-3: -A reloadable debit card, also referred to as a prepaid debit card, is a card that you can use to make purchases. They are sold at grocery stores, pharmacies, convenience stores, and other retailers.

Detailed explanation-4: -A prepaid card is a card you can use to pay for things. You buy a card with money loaded on it. Then you can use the card to spend up to that amount. A prepaid card is also called a prepaid debit card, or a stored-value card.

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