BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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an embedded circuit with micro processor chip embedded in it so that it could perform calculations maintain records and act as electronic pursue.
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built in facility for protection against fraudulent operations
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can either be rechargeable or exchangeable
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All of the above
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Detailed explanation-1: -A smart card is a safe place to store valuable information such as private keys, account numbers, passwords, or personal information. It’s also a secure place to perform processes that one doesn’t want to be exposed to the world, for example, performing a public key or private key encryption.
Detailed explanation-2: -A smart card is a physical card that has an embedded integrated chip that acts as a security token.
Detailed explanation-3: -A smart card is a device that includes an embedded integrated circuit chip (ICC) that can be either a secure microcontroller or equivalent intelligence with internal memory or a memory chip alone. The card connects to a reader with direct physical contact or with a remote contactless radio frequency interface.
Detailed explanation-4: -After that, card can be recharged for 20/-or in multiple of ₹50/-upto 5000/-. A grace period of ten days is permitted to claim failed re-charge/ outstanding amount into the smart card. 1.3 1.4 Maximum limit on Go-India smart card is ₹10, 000/-. Validity: Go-India smart card has life time validity.