BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Yes Bank, unveiled a superior payment wallet service, BHIM Yes Pay by fully integrating the application with all the IndiaStack APIs and NPCI Products. BHIM stands for
A
Bharat Interface for Market
B
Bharat Indian for Money
C
Bharat Interface for Management
D
Bharat Interface for Money
Explanation: 

Detailed explanation-1: -The full form of NPCI is National Payments Corporation of India. All the retail payment companies in India, it is a collaborative organisation. NPCI was established and supported by the Indian Banks Association under the RBI (Reserve Bank of India).

Detailed explanation-2: -YES Bank now offers UPI services to all its account holders. The service will allow account holders to transfer money instantly over the phone without any need to visit the bank or fill up any forms.

Detailed explanation-3: -YES bank Internet Payment Gateway Solution offers range of payment option which allows you to accept payments on a 24 X 7 basis from around the world. We accept all local and international Visa, MasterCard / maestro and Rupay cards.

Detailed explanation-4: -You can only transfer upto Rs. 1, 00, 000 per day per Yes account under UPI facility.

There is 1 question to complete.