BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Many a times, we read a term ‘SEPA’ in financial newspapers. What is the full form of the SEPA?
|
|
Single Exchange Processing Agency
|
|
|
Single Euro Payments Area
|
|
|
Single Electronic Processing Agency
|
|
|
Super Electronic Purchase Agency
|
Explanation:
Detailed explanation-1: -What Is a Single Euro Payments Area (SEPA)? The single euro payments area (SEPA) is a system of transactions created by the European Union (EU). The SEPA harmonizes the way cashless payments are transacted between euro countries.
There is 1 question to complete.