BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Rs. 100 cr.
|
|
|
Rs. 200 cr.
|
|
|
Rs. 300 cr.
|
|
|
Rs. 400 cr.
|
Detailed explanation-1: -A non-bank entity that aims to set up the so-called white label automated teller machine (WLA) should have a net worth ( the latest audited balance sheet) of at least Rs100 crore and the should keep that amount at all time.
Detailed explanation-2: -Non-bank ATM operators are authorised under the Payment & Settlement Systems Act, 2007 by the Reserve Bank of India (RBI). Such non-bank entities should have a minimum net worth of Rs 100 crore as per the latest financial year’s audited balance sheet, which is to be maintained at all times.
Detailed explanation-3: -Facilities with White Label ATM Any customer belonging to any bank, can use it. Five transactions are free, Every month. Value added services like mobile recharge, utility bill payments etc.
Detailed explanation-4: -White Label ATM at Rs 210000 | ATM Machine in Jaipur | ID: 20774718955.
Detailed explanation-5: -White Label ATMs (WLA) are those set up, owned and operated by non-banks. WLAOs are given licenses by the RBI to primarily set up ATMs in under-served semi-urban and rural areas.