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GENERAL KNOWLEDGE
What is a Debit Card'?...

What is a Debit Card'?

A

It is a card issued by a Rating Agency

B

It is a card which can be used for withdrawing cash or making payment even in the absence of any balance in the account

C

It is a card which can be used for withdrawing cash or making payment if there is balance in the account

D

It is a card which carries prepaid balance

Text Solution

Verified by Experts

The correct Answer is:
C
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  1. A worldwide financial messaging network which exchanages messages betw...

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  2. Which of the following is NOT required for opening a bank account?

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  3. What is a Debit Card'?

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  4. What is the secured messaging system device used by IDBRT in the field...

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  5. Which of the following does not come under the second level of managem...

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  6. In our country, a cheque remain valid for payment for from the date i...

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  7. Credit Cards are knows as

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  8. Which of the following instruments cannot be transferred from one pers...

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  9. 'Crossing' applies to which of the following instruments?

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  10. A Savings Bank Account opened with a commerical bank with zero balance...

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  11. In a bank which of the following are the usual types of accounts?

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  12. Crossing of cheques makes them

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  13. If a cheque is postdated, the bank on which it is drawn

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  14. In which of the following accounts is operation by cheques permitted?

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  15. A traveller's cheque is

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  16. If a crossed cheque is presented for payment

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  17. Which of the following is not a salient feature of debit card?

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  18. What is a stale cheque?

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  19. Which of the following is not an electronic banking delivery channel?

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  20. Savings bank accounts are opened by

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