BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Same day (T day)
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Next working day (T+1 day)
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Second working day (T+2 day)
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Third working day (T+3 day)
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Detailed explanation-1: -Transaction Limit: Rs. 30 Lakhs per transaction and Rs. 75 lakhs per day.
Detailed explanation-2: -PayPoint India has entered into a partnership with Bank of Baroda, enabling the bank to further expand its network by utilising PayPoint’s customer service points to a reach out to a larger pool of customers and achieve a bigger geographical spread.
Detailed explanation-3: -Third Party Transfer is a feature that can be used to transfer funds from your current bank account to another account, within your current or any other bank. In banking language, Third Party Transfer is called as a credit-push system, which means transactions can be originated only to remit funds to a beneficiary.
Detailed explanation-4: -You can get a copy of your mini statement by calling 8468001122 or texting ‘MINIspace>last 4-digits of A/C No. ‘ to 8422009988. You can also log in to the BOB Connect Net Banking Portal or download and use the Baroda M-Connect Plus mobile application. Mini statements are also available at any BOB or other bank’s ATM.