how do I set up electronic funds transfer?

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how do I set up electronic funds transfer

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Description : What is Electronic Funds Transfer ?

Last Answer : In modern computer system money transfer is done quickly through telephone and data network , it is called electronic fund transfer.

Description : In National Electronic Funds Transfer (NEFT) maximum amount per transaction is limited to ________ A. Rs.75000 B. Rs.50000 C. Rs.80000 D. Rs.90000

Last Answer : B. Rs.50000 Explanation: No. There is no limit - either minimum or maximum - on the amount of funds that could be transferred using NEFT. However, maximum amount per transaction is ... -based remittances within India and also for remittances to Nepal under the Indo-Nepal Remittance Facility Scheme.

Description : ................. uses electronic means to transfer funds directly from one account to another rather than by cheque or cash? (A) M-Banking (B) E-Banking (C) O-Banking (D) C-Banking

Last Answer : (B) E-Banking

Description : The NEFT system facilitates ____cross-border transfer of funds from India to Nepal which is known as the Indo-Nepal Remittance Facility Scheme. A. One Way B. Two Way C. Multi way D. None of the Above

Last Answer : A. One Way Explanation: The NEFT system also facilitates one-way cross-border transfer of funds from India to Nepal. This is known as the Indo-Nepal Remittance Facility Scheme. A remitter can ... account with a bank branch in Nepal or not. The beneficiary would receive funds in Nepalese Rupees.

Description : In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction? A. RTGS B. NEFT C. TT D. EFT

Last Answer : A. RTGS Explanation: In RTGS, the beneficiary branches are expected to receive the funds in real time as soon as funds are transferred by the remitting bank. The beneficiary bank has to credit the beneficiary‘s account within 30 minutes of receiving the funds transfer message.

Description : The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar ... . Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer

Last Answer : C. Online Payment Explanation: Services Offered by AEPS: Balance Enquiry Cash Withdrawal Cash Deposit Aadhaar to Aadhaar Fund Transfer Gateway Authentication Services

Description : Which of the following is the mode of settlement of securities wherein the transfer of securities and funds happen simultaneously? A. Delivery versus Payment (DvP) B. Duration C. Convexity D. All of the Above E. None of the Above

Last Answer : A. Delivery versus Payment (DvP) Explanation: Delivery versus Payment (DvP) is the mode of settlement of securities wherein the transfer of securities and funds happen simultaneously. ... securities are not delivered and vice versa. DvP settlement eliminates the settlement risk in transactions.

Description : What are the services available under IMPS? A. Funds Transfer and Remittances B. Merchant Payments C. NUUP D. Both (A) and (B) E. All of the Above

Last Answer : E. All of the Above Explanation: The services available under IMPS are Funds Transfer and Remittances Merchant Payments NUUP QSAM

Description : Which one is not the form of FDI A. Purchase of existing assets in foreign currency.B. New Investment in Property, planet and equipment. C. Making investment is the mutual funds D. Transfer of many type of asset

Last Answer : Purchase of existing assets in foreign currency.

Description : -------------------means transfer of economic value of firm from one asset or equity to another. a) Flow of funds b) Uses of fund c) Inflow of funds d) Application of funds

Last Answer : a) Flow of funds

Description : 1. There is no net transfer of energy by the particles of the medium in which waves? 2. Jaspal Rana is a distinguished athlete in which game? 3. Which provides the largest part of the ... having the same rainfall called? 20. Which Gupta king is famous for his courageous stand against the Hunas?

Last Answer : Answer : 1. Stationary waves 2. Shooting 3. Corporate businesses 4. 400 km 5. Kanishka 6. Turtle 7. President 8. Smelting 9. Pamir Plateau 10. Ilango 11. Chess 12. One 13. European 14. ... Tamil 16. In Parliament before being accepted 17. Battery 18. Internal borrowings 19. Isohyet 20. Skanda Gupta

Description : NEFT is an electronic fund transfer system that operates on a _________ basis which settles transactions in batches. A. Domain Net Settlement (DNS) B. Defined Net Settlement (DNS) C. Declared Net Settlement (DNS) D. Deferred Net Settlement (DNS)

Last Answer : D. Deferred Net Settlement (DNS) Explanation: NEFT is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis which settles transactions in batches. In DNS, the ... till the particular cut-off time. These transactions are netted (payable and receivables) in NEFT.

Description : What is the name for direct computer to computer transfer of transaction information contained in business document? a) Internet commerce b) E-commerce c) Transaction information transfer d) Electronic data interchange

Last Answer : d) Electronic data interchange

Description : What is the name for direct computer-to-computer transfer of transaction information contained in standard business documents? a. internet commerce b. e-commerce c.transaction information transfer d. electronic data interchange

Last Answer : d. electronic data interchange

Description : The Post Office Protocol is an ………... protocol with both client (sender/receiver) and …………...functions A. electronic mail, server (storage) B. three layer , server C. UDP, transfer D. TCP, server

Last Answer : A. electronic mail, server (storage)

Description : All are cyber crimes except a. Electronic fund transfer fraud b. Copyright violation. c. Kidnapping

Last Answer : c. Kidnapping

Description : What is the name for direct computer‐to‐computer transfer of transaction information contained in standard business documents? a. internet commerce b. e‐commerce c. transaction information transfer d. electronic data interchange

Last Answer : d. electronic data interchange

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

Description : Which of the following is a method of transferring money from one person's account to another? a. electronic check b. credit card c. e‐transfer d. none of the above

Last Answer : a. electronic check

Description : In electronic mail, which of the following protocols allows the transfer of multimedia messages? (A) IMAP (B) SMTP (C) POP 3 (D) MIME

Last Answer : (D) MIME

Description : How do I find the password I used when I set up my electronic signature?

Last Answer : It sounds like the signature is a verified by a third party, like Adobe or Verisign, and that name should be on screen somewhere with instructions for a forgotten password. Also there should be instructions for new users, maybe you could sign up as a newbie.

Description : ……. is an electronic device that manipulates information or data according to the set of instructions called program. -Technology

Last Answer : Computeris an electronic device that manipulates information or data according to the set of instructions called program.

Description : When troubleshooting electronic equipment, the FIRST step to be taken before testing the circuit voltage is to _________. A. set the meter to the lowest range B. check the voltage supply from the power source C. remove the suspected component D. check the current flow through the circuit

Last Answer : Answer: B

Description : Set of independent Electronic Stores can be generally labeled as a. Electronic Shopping Mail b. Electronic Wallet c Electronic Stores d. Generalized Stores

Last Answer : d. Generalized Stores

Description : Set of independent Electronic Stores can be generally labeled as A. Electronic Shopping Mall B. Electronic Wallet C. Electronic Stores D. Generalized Stores

Last Answer : A. Electronic Shopping Mall

Description : The term Software refers to the set of ________or data a computer processor reads in order to perform a task or operation: a) Electronic Program Instructions b) Planned program instructions

Last Answer : a) Electronic Program Instructions

Description : If my wife and I open up an IRA this year and we are over 65 years old, how soon can we withdraw the funds w/o penalties?

Last Answer : First the question of set up. If you establish a ROTH IRA, there is no age limit, however, with a traditional IRA, the limit for establishing the IRA is 70.5. IRAs can only be finded by income ... as they accumulate as long as you begin withdrawal by April 1st of the year after you turn 70.5.

Description : In Bank‟s balance sheet, which of the following is an asset? A. Its paid up capital B. Its saved deposits C. Its instrument in government securities D. Its accumulated Reserve Funds E. Its Current Deposits

Last Answer : C. Its instrument in government securities Explanation: Bank assets comprises cash, money at short notice, bills and securities discounted, bank‘s investments in government securities, loans sanctioned by the bank.

Description : The paid up capital and collected funds of scheduled bank must not be less than _________ A. Rs. 10 lakh B. Rs. 20 lakh C. Rs. 15 lakh D. Rs. 5 lakh E. None of the Above

Last Answer : D. Rs. 5 lakh Explanation: Banks under in the second schedule of RBI Act, 1934 are called scheduled bank.To qualify as a scheduled bank, the paid up capital and collected funds of the bank must ... for loans from the Reserve Bank of India at bank rate, and are given membership to clearing houses.

Description : Which of the following is a recognized disadvantage of setting up as a start-up as compared with other routes to market entry? A. less satisfaction of the owners. B. less help from various agencies. C. there are more funds required. D. there is a high failure rate.

Last Answer : D. there is a high failure rate.

Description : 1. Funds belonging to the Government of India are kept in which fund? 2. Why does Kerosene oil rise up in the wick of lantern? 3. Where is the headquarters of Food and Agriculture Organisation? ... 19. Which feature is the product of vulcanicity? 20. From where was the term Congress' derived?

Last Answer : Answer : 1 1. Consolidated Fund of India 2. Because of surface tension 3. Rome 4. Low moisture 5. Greeks 6. Income 7. Calcium and iron 8. Habeas Corpus 9. Equator 10. Spinning wheel 11. Na2 CO3 12. ... a type of garment 16. Brain 17. 24 18. Less than 90° 19. Caldera 20. The History of North America