BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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VISA
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MASTER
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RUPAY
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NONE OF THE ABOVE
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Detailed explanation-1: -The RuPay Prepaid Cards were launched in 2013 with the objective to offer a service to the unbanked audience and to act as an extension to the card market. RuPay Prepaid Cards can be issued through co-branding arrangements with banks as physical, virtual cards and mobile wallets.
Detailed explanation-2: -Any bank or card issuer which chooses RuPay as a payment provider can issue a RuPay credit or debit card. RuPay network has 10 core promoter banks including State Bank of India, Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, HSBC and HDFC Bank.
Detailed explanation-3: -A RuPay Debit Card is a plastic card that can be used as a method of payment which is issued by your bank where you have an account. A debit card is linked to a bank account and can be used to: withdraw funds from an ATM. shopping at PoS. online purchas.