BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
PIN is the numeric password which is separately mailed/handed over to the customer by the bank while issuing the card. PIN stands for
A
Personal Identification Number
B
Product Identification Number
C
Payment Identification Number
D
Permanent Identification Number
Explanation: 

Detailed explanation-1: -8. What is Personal Identification Number (PIN)? Ans. PIN is the numeric password which is separately mailed / handed over to the customer by the bank while issuing the card.

Detailed explanation-2: -personal identification number (PIN)

Detailed explanation-3: -What is an ATM PIN? PIN (Personal Identification Number) is a 4-digit code unique to each ATM card that ensures that the card user or account holder is carrying out the transactions.

Detailed explanation-4: -Your debit card PIN is typically a four-digit number that lets you access your account. A debit card security code (CSC) is distinct from your PIN. Sometimes called the card verification value or card verification code (CVV or CVC, respectively), it’s a three or four-digit number printed somewhere on your debit card.

Detailed explanation-5: -Ans. mPIN is a password containing 4-6 digits that is required to send money via UPI. It works the same way an ATM PIN works. Q.

There is 1 question to complete.