Home
Class 14
GENERAL KNOWLEDGE
EFTPOS is an electronic payment system i...

EFTPOS is an electronic payment system involving electronic funds transfer based on the use of payment cards, such as debit or credit , at payment terminals located at points of sale. What is E in EFTPOS ?

A

Electronic

B

Essential

C

Every

D

Effective

Text Solution

Verified by Experts

The correct Answer is:
A
Promotional Banner

Topper's Solved these Questions

  • BANKING PRODUCTS

    IBPS & SBI PREVIOUS YEAR PAPER|Exercise MCQ|54 Videos
IBPS & SBI PREVIOUS YEAR PAPER-BANKING FUNCTIONS-MQCs
  1. FLASHremit' service to offer an instant bank transfer service to the I...

    Text Solution

    |

  2. What is the percentage of RRB sponsor bank contribution ?

    Text Solution

    |

  3. EFTPOS is an electronic payment system involving electronic funds tran...

    Text Solution

    |

  4. Which of the following is not a primary function of a Bank ?

    Text Solution

    |

  5. Which of the following does not fall into the functions of Payments Ba...

    Text Solution

    |

  6. Which bank launched "Dhanchayat" an Eductional film, to raise awarenes...

    Text Solution

    |

  7. Which of the following is the slogan of Allahabad bank ?

    Text Solution

    |

  8. Which bank announced that it had entered into agreements with private ...

    Text Solution

    |

  9. According to a recent Reserve Bank's Instructions on Banking matters. ...

    Text Solution

    |

  10. Which of the following is/are traditional type of open market operatio...

    Text Solution

    |

  11. The deposit of cash under cash reserve ratio (CRR) requirement with th...

    Text Solution

    |

  12. Which one of the following rates is not decided by RBI ?

    Text Solution

    |

  13. Who can file a criminal case against the drawer of a dishonored chequ...

    Text Solution

    |

  14. The Aadhar-enabled Payment System (AEPS) is a bank-led model that faci...

    Text Solution

    |

  15. Mutual Fund Agents are compensated through

    Text Solution

    |

  16. All records of an individual's payment pertaining to loans are credit ...

    Text Solution

    |

  17. Base Rate of loans are

    Text Solution

    |

  18. Which of the following is/are not the function/functions of RBI ? 1....

    Text Solution

    |

  19. Bandhan bank deals mainly in

    Text Solution

    |

  20. Who pays the Rural Area Business Correspondents for their services ?

    Text Solution

    |