________ have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS) recently. A. Common Service Centres (CSC) B. Financial Institutions C. Only (A) D. Both (A) and (B) E. None of the Above

________ have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS) recently. A. Common Service Centres (CSC) B. Financial Institutions C. Only (A) D. Both (A) and (B) E. None of the Above
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1 Answer

Answer :

A. Common Service Centres (CSC) Explanation: over 1.5 Lakh common service centres (CSC) or Digital Seva Kendres have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS).
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Related questions

Reserve Bank of India has granted in principle approval to the common service Centres to act as which operating unit to make bill payments in rural? A) Bharat Bill Payment B) National Bill Payment C) Non Banking Financial D) Mobile Banking Payment E) None of these

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Last Answer : A) Bharat Bill Payment Explanation: Reserve Bank of India has granted in-principle nod to the common service centres RBI (CSCs) as Bharat Bill Payment Operating Unit to make bill payments at centres in rural bands.

Which of the following will function as the Bharat Bill Payment Central Unit (BBPCU), single authorized entity operating the BBPS? A. RBI B. NPCI C. GOI D. All of the Above E. None of the Above

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Last Answer : B. NPCI Explanation: National Payments Corporation of India (NPCI) will function as the authorized Bharat Bill Payment Central Unit (BBPCU), which will be responsible for setting business ... BBPCU, will also undertake clearing and settlement activities related to transactions routed through BBPS.

_______ is an integrated bill payment system which will offer inter operable bill payment service to customers online as well as through a network of agents on the ground. A. BBPS B. IMPS C. AEPS D. APBS E. None of the Above

Description : _______ is an integrated bill payment system which will offer inter operable bill payment service to customers online as well as through a network of agents on the ground. A. BBPS B. IMPS C. AEPS D. APBS E. None of the Above

Last Answer : A. BBPS Explanation: The Bharat Bill Payment System (BBPS) is a RBI mandated system which will offer integrated and interoperable bill payment services to customers across geographies with certainty, reliability and safety of transactions.

As per the Reserve Bank of India, BBPS will initially accept utility bill payments such as _________ A. Telephone Bill B. Electricity Bill C. DTH services D. All of the Above E. None of the Above

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Last Answer : D. All of the Above Explanation: As per the Reserve Bank of India, BBPS will initially accept utility bill payments such as electricity, water, gas, telephone and direct-to-home services and will later include other repetitive payments including school and university fees and municipal taxes.

Long-term debt securities issued by the GOI or any of the State Government‟s or undertakings owned by them or by development financial institutions are called as ________ A. Shares B. Debentures C. Bonds D. Both (A) and (C) E. None of the Above

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Last Answer : C. Bonds Explanation: Long-term debt securities issued by the Government of India or any of the State Government‘s or undertakings owned by them or by development financial institutions are called as bonds.

The highest civilian award of India 'Bharat Ratna' has been awarded to only two foreigners so far. One of them is Nelson Mandela. The other is -Awards

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The Overseas Principal should obtain necessary authorisation from the Reserve Bank of India under the provisions of which Act to commence/ operate a payment system? A. Reserve Bank of India Act–1934 B. Banking Companies (Acquisition and Transfer of Undertakings) Act–1970 C. Banking Regulation (Companies) Rules, 1949 D. Payment and Settlement Systems Act (PSS Act), 2007 E. None of the Above

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The International Bank for Reconstruction and Development(IBRD) is an international financial institutions that offer loans to _____ A. Multinational Banks B. Multinational Financial Institutions C. Middle Income Developing Countries D. Non Government Organizations E. None of the Above

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According to _________, Any person can also search and inspect the records maintained by the Registry on payment of fees. A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. B. Companies Act, 1956 C. Both (A) and (B) D. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Central Registry) Rules, 2011 E. None of these

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To whom was 'Bharat Ratna' awarded in 1999? -Awards

Description : To whom was 'Bharat Ratna' awarded in 1999? -Awards

Last Answer : Jayaprakash Narayan

Bharat Ratna can be awarded to maximum how many persons in a particular year?

Description : Bharat Ratna can be awarded to maximum how many persons in a particular year?

Last Answer : Three

Of the following land uses, which is restricted to Special Economic Zones ? (1) Educational Institutions (2) Free trade Centres (3) Marketing Centres (4) Information Technology Companies

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Of the following land uses, which is restricted to Special Economic Zones ? (1) Educational Institutions (2) Free trade Centres (3) Marketing Centres (4) Information Technology Companies

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Last Answer : Free trade Centres

Which of the following company has changed its name to Bharat Financial Inclusion Ltd.? A) SKS Microfinance Ltd B) Spandana Sphoorty Financial Ltd C) Bhartiya Samruddhi Finance Limited D) Cashpor Micro Credit E) None of these

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To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

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Name the bank which has been awarded with CFBP (Council for Fair Business Practices) Jamnalal Bajaj Award for Fair Business Practices? A) Karnataka Bank B) Federal Bank C) RBS Bank D) Laxmi Vilas Bank E) None of these

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The agency which is tasked with collecting analysing and disseminating information related to dubious financial transactions is ________ A. Financial Intelligence Unit(FIU) B. Financial Action Task Force(FATF) C. Central Economic Intelligence Bureau(CEIB) D. Central Intelligence Bureau(CIB) E. Financial Stability Board(FSB)

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Last Answer : A. Financial Intelligence Unit(FIU) Explanation: The Financial Intelligence Unit (FIU), an agency tasked with collecting, analysing and disseminating information related to ... appropriate, disseminate valuable financial information to intelligence/enforcement agencies and regulatory authorities.

The national agency mandated to control, analyse and disseminate Suspicious Transaction Reports(STR), Cash Transaction Reports and counterfeit currency reports to various investigative agencies of the country after receiving it from banks and other financial intermediaries is ________ A. RBI B. Financial Intelligence Unit(FIU) C. Intelligence Bureau(IB) D. Central Bureau of Investigation(CBI) E. Central Intelligence Unit(CIU)

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A trad-able form of loan is normally termed as ________ A. Certificate of Deposit (CD) B. Inter Bank term Money C. Bill Re-discounting D. Debt Instrument E. None of the Above

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Which of the following institutions do not hold a banking license? A. Small Banks B. Foreign Banks C. Commercial Banks D. NBFCs

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Sub-prime lending refers to ________ A. lending done by banks at rates below PLR B. Funds raised by the banks at sub-libor rates C. Group of banks which are not rated as prime banks as per Banker‘s Almanac D. lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards E. All of the Above

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Last Answer : D. lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards Explanation: In finance, subprime lending (also referred to ... schedule, sometimes reflecting setbacks, such as unemployment, divorce, medical emergencies, etc.

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Description : The posting of the Regd. Newspaper without prepayment should be stopped and license deemed to be cancelled in the event of non payment of a bill a) Within one week following the fortnight to which ... relates. c) Within fortnight following the fortnight to which the bill relates. d) None of these

Last Answer : c) Within fortnight following the fortnight to which the bill relates.

C) Doha Bank Explanation: A Qatar-based Indian banker has been awarded for his contribution in environment friendly activities and for promoting green economy for nearly two decades. R Seetharaman, Group CEO of Doha Bank, was honoured with the ‗Green Economy Visionary award‘ at the 2016 Union of Arab Banks International Banking Summit held in Rome.

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Last Answer : The Department of Posts launched a logo and tagline design contest for its soon-tobe set up India Post Payments Bank on which of the following website? A) GovPost B) IndianPost C) MyGov D) PayPost E) None of these

Which Financial institutions has announced a comprehensive Housing finance scheme called prapti with an attractive 4% interest rate? A) Tata Capita Housing B) LIC Housing C) Reliance Home D) HDFC Ergo E) Housing and Urban Development Corporation Ltd.

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Last Answer : A) Tata Capita Housing Explanation: Tata Capita Housing Limited announced a Comprehensive Housing finance scheme called Prapti with an attractive 4% interest rate for people earning less than Rs 6 lakh a year.

Financial institutions must register details of security interests created by them with CERSAI within howmany days of its creation? A. 30 B. 60 C. 15 D. 90 E. None of these

Description : Financial institutions must register details of security interests created by them with CERSAI within howmany days of its creation? A. 30 B. 60 C. 15 D. 90 E. None of these

Last Answer : A. 30 Explanation: Financial institutions must register details of security interests created by them with CERSAI within 30 days of its creation.

Which of the following is an Association of Commercial Banks, Financial Institutions and Primary Dealers? A. GOI B. RBI C. PSBs D. FEDAI E. FIMMDA

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Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by ________ recommended the formation of a new category of bank called payments bank. A. NR Madhawan Menon B. Bimal Jalan C. Nachiket Mor D. Y.H. Melagam E. None of the Above

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Last Answer : C. Nachiket Mor Explanation: Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by Nachiket Mor recommended the formation of a new category of bank called payments bank.

Unified Payment System (UPI), a common platform which links your _________ to a virtual payment address, effectively making money transfer as easy as an SMS. A. Bank Account Number B. IFSC Code C. Virtual Address D. All of the Above E. None of the Above.

Description : Unified Payment System (UPI), a common platform which links your _________ to a virtual payment address, effectively making money transfer as easy as an SMS. A. Bank Account Number B. IFSC Code C. Virtual Address D. All of the Above E. None of the Above.

Last Answer : A. Bank Account Number Explanation: Unified Payment System (UPI), a common platform which links your bank account number to a virtual payment address, effectively making money transfer as easy as an SMS.

Which one of the following tools is used to view the metadata information contained in a .NET assembly? Select Answer:  1. al.exe  2. ilasm.exe  3. vbx.exe  4. csc.exe  5. ildasm.exe

Description : Which one of the following tools is used to view the metadata information contained in a .NET assembly? Select Answer:  1. al.exe  2. ilasm.exe  3. vbx.exe  4. csc.exe  5. ildasm.exe

Last Answer :  5. ildasm.exe

Which of the following is the management console in AWS? a) CSC b) CCS c) CSS d) All of the mentioned

Description : Which of the following is the management console in AWS? a) CSC b) CCS c) CSS d) All of the mentioned

Last Answer : CCS

Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of ________ A. RBI B. IDBI C. 34 Government of India owned / controlled institutions D. None of the Above

Description : Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of ________ A. RBI B. IDBI C. 34 Government of India owned / controlled institutions D. None of the Above

Last Answer : A. RBI Explanation: Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of Reserve Bank of India. It was established under Deposit Insurance and Credit Guarantee Corporation Act, 1961 for ... recurring deposits for up to the limit of Rs. 100,000 of each deposits in a bank.

Recently, which Bollywood actor has been awarded the Lifetime Achievement Award by the state of New Jersey, USA? -General Knowledge

Description : Recently, which Bollywood actor has been awarded the Lifetime Achievement Award by the state of New Jersey, USA? -General Knowledge

Last Answer : answer:

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Last Answer : D. Credit Rating Agencies Explanation: A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor s ability to pay back debt by making ... payments and the likelihood of default. Example:- ICRA, CRISIL, and Standard and Poor s (S&P).

A worldwide financial messaging network which exchanges messages between banks and financial institutions is known as _________ A. SWIFT B. Basel C. RTGS D. NEFT

Description : A worldwide financial messaging network which exchanges messages between banks and financial institutions is known as _________ A. SWIFT B. Basel C. RTGS D. NEFT

Last Answer : A. SWIFT Explanation: Society for Worldwide Inter bank Financial Telecommunication code. An internationallyrecognized identification code for banks around the world. SWIFT codes are most commonly used for international wire transfers and are comprised of 8 or 11 alphanumeric characters.

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Description : Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ? A) Laxmi Vilas Bank B) Federal Bank C) South Indian Bank D) Karnataka Bank E) Karur Vysya Bank

Last Answer : B) Federal bank Explanation: Federal bank has signed an agreement with Reliance Jio Money for One-Click payment service. Reliance Jio money is a wallet application that will be launched soon for mobile devices where Federal bank will enable a direct payment option for its customers.

Which of the following is an Internet-based company that makes it easy for one person to pay another over the Internet? a. electronic cheque b. electronic bill payment c. Conversion rates d. Financial cybermediary

Description : Which of the following is an Internet-based company that makes it easy for one person to pay another over the Internet? a. electronic cheque b. electronic bill payment c. Conversion rates d. Financial cybermediary

Last Answer : d. Financial cybermediary

Which of the following permits the transmission of a bill, along with payment of that bill, to be conducted over the Internet? a. financial cybermediary b. electronic check c. electronic bill presentment and payment d. all of the above

Description : Which of the following permits the transmission of a bill, along with payment of that bill, to be conducted over the Internet? a. financial cybermediary b. electronic check c. electronic bill presentment and payment d. all of the above

Last Answer : c. electronic bill presentment and payment

If you need to transfer money to another person via the internet, which of the following methods could you use? a. financial cybermediary b. electronic check c. electronic bill presentment and payment d. all of the above

Description : If you need to transfer money to another person via the internet, which of the following methods could you use? a. financial cybermediary b. electronic check c. electronic bill presentment and payment d. all of the above

Last Answer : Answer: D

Which of the following is an Internet‐based company that makes it easy for one person to pay another over the Internet? a. electronic check b. electronic bill presentment and payment c. conversion rates d. financial cybermediary

Description : Which of the following is an Internet‐based company that makes it easy for one person to pay another over the Internet? a. electronic check b. electronic bill presentment and payment c. conversion rates d. financial cybermediary

Last Answer : d. financial cybermediary

If the endorsement makes the payment of a bill subject to the fulfilment of a condition the endorsement is called _______ A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Both (A) and (B)

Description : If the endorsement makes the payment of a bill subject to the fulfilment of a condition the endorsement is called _______ A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Both (A) and (B)

Last Answer : C. Conditional Endorsement Explanation: If the endorsement makes the payment of a bill subject to the fulfilment of a condition the endorsement is called Conditional Endorsement.

What kind of license do I need to operate a cars for hire service in NYC?

Description : What kind of license do I need to operate a cars for hire service in NYC?

Last Answer : You would need a taxi and livery class E license for that. They are for people 18 and over operating passenger cars and trucks and also for-hire vehicles that carry 14 passengers or less.

Payment Banks can not issue ________ A. Credit Card B. Debit Card C. loans D. Both (B) and (C) E. Both (A) and (C)

Description : Payment Banks can not issue ________ A. Credit Card B. Debit Card C. loans D. Both (B) and (C) E. Both (A) and (C)

Last Answer : E. Both (A) and (C) Explanation: Payment banks cannot issue loans and credit cards while at the same time current account and savings accounts can be operated by such banks.

C) MyGov Explanation: The cabinet on June 1, 2016, gave its nod to setting up of the IPPB under the Department of Posts. The Department of Post wants to connect with and involve the people of India in designing the DNA of the India Post Payments Bank. So it launched this contest. The contest is open to all Indian citizens, institutions, agencies and entities for a period of one month, until July 9, 2016.

Description : C) MyGov Explanation: The cabinet on June 1, 2016, gave its nod to setting up of the IPPB under the Department of Posts. The Department of Post wants to connect with and involve the people of ... all Indian citizens, institutions, agencies and entities for a period of one month, until July 9, 2016.

Last Answer : To provide loans to Indo-Spanish joint ventures and local enterprises in India, State Bank of India (SBI) has signed a memorandum of agreement with Spain‟s which bank to enhance business synergies? A) Caja Madrid B) CaixaBank C) Liberbank D) Gallego bank E) None of these

Currently Small Industries Development Bank of India(SIDBI) is a wholly owned subsidiary of _______ A. RBI B. IDBI C. 34 Government of India owned / controlled institutions D. None of the Above

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Last Answer : C. 34 Government of India owned / controlled institutions Explanation: Small Industries Development Bank of India(SIDBI) was incorporated initially as a wholly owned subsidiary of Industrial Development ... . Currently the ownership is held by 34 Government of India owned / controlled institutions.