GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is known as cross selling by Banks?
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Sale of Insurance policy to a depositor
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Sale of a debit card to a credit card holder
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Issuance of Cash against Cheque presented by a third party
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None of these
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Explanation:
Detailed explanation-1: -Issuance of cash against cheque presented by a third party.
Detailed explanation-2: -Who is involved in the credit card transaction process? While there may be additional players involved, the five key parties in the transaction process are the cardholder, the seller, the acquirer (the seller’s bank), the issuer (the cardholder’s bank), and the card network.
There is 1 question to complete.