BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Interest Certificate
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TDs Certificate
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Recharge RFID Fastag
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Cash On mobile
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Detailed explanation-1: -Baroda FASTag is a device that employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid account linked to it. It is affixed on the windscreen of your vehicle and enables you to drive through toll plazas.
Detailed explanation-2: -If you are using a FASTag which is linked to a prepaid wallet, you need to recharge it as and when required to make hassle-free toll payments. One of the ways to recharge the prepaid wallet is through BHIM UPI.
Detailed explanation-3: -If a vehicle already has an RFID tag, it might already be activated. When you buy the vehicle, RFID tag payment was also done. It might also have a minimum balance of INR 100 or 200 as is required by the bank. You can recharge it with your Customer ID or Wallet ID of FASTag.
Detailed explanation-4: -FASTag uses the Radio Frequency Identification Technology (RFID) to promote the cashless payment of toll taxes by the drivers/vehicle owners of four wheelers across all toll plazas over the national highway.