Digital Banking

MCQ based on Digital Banking

1. Per day ATM transaction limit for Rupay EMV Chip Debit card? 

a) `25,000    

b) `50,000    

c) `1,00,000   

d) `2,00,000  

e) none 

2. Per day ATM transaction limit for Visa EMV Chip Debit card?   

a) `25,000    

b) `50,000    

c) `1,00,000   

d) `2,00,000  

e) none 

3. Per day ATM transaction limit for Mastercard Gold ____

a) `25,000              

b) `50,000            

c) `75,000          

d) `1,00,000        

e) none 

4. Per day transaction limit at POS for Visa EMV Chip Debit card is ___    

a) `50,000          

b) `1,00,000         

c) `1,50,000        

d) `2,00,000        

e) none 

5. Per day transaction limit at POS for Mastercard Gold is ___   

a) `25,000           

b) `50,000           

c) `75,000          

d) `1,00,000/-      

e) none 

6. RuPay Card was launched by ____   

a) IDRBT  

b) RBI  

c) NPCI    

d) IBA  

e) VISA 

7. No. of ATM transactions allowed per day in Rupay/Visa Platinum EMV Chip Debit      Card is ___   

a) 4   

b) 5   

c) 8   

d) 10  

e) 12 

8. Mobile OTP Application (M-OTP), a recent initiative by our Bank is an enhanced       security feature of ______

 a. M-Connect         

b. Baroda Connect         

c. Mobile Snippets

d.  M-passbook        

e. all the above applications  

9. No. of ATM transactions allowed per day in Mastercard Gold is ___

a) 4    

b) 5     

c) 8   

d) 10  

e) 12   

                                                                                                          

10. Which of the following account holder is eligible for M-Connect facility?

a. Current account in the name of firm (single)

b. Nagrik Bachat Khata

c. NRE account (single)

d. Minor SB account (>14 years of age)

e. All are eligible 

11. SB accounts opened under Financial Inclusion scheme for minors above the age of        __ with operational instructions as ‗self‘ can be issued a RuPay PMJDY Debit card

a. 10  years       

b. 12 years        

c. 14 years      

d. 15 years        

e. 18 years 

12. The amount of penalty payable to customers for non-reimbursement of failed ATM       transaction amount within seven working days is ____.      

a) `20/- per day      

b) `50/- per day      

c) `100/- per day      

d) `100 per day from 8th working day of receiving complaint          

e)  Equivalent to transaction amount      

13. Visa Platinum EMV Chip Debit Card issued to a customer can be activated  ___    

a) Only at our ATM                      

b) at any POS          

c) at any NFS member ATM     

d) Only at ATMs with VISA logo  

e) none of these 

14. What is the per day/per transaction limit of fund transfer under NUUP platform        by dialing *99# ?

a.`3,000/-       

b. `5,000/-      

c. `10,000/-      

d. `15,000/-     

e. `25,000/- 

15. Our E-Business Department has been renamed as –

a. Transaction Banking Department          

b. Electronic Banking Department    

c. Net Banking Department                      

d. Electronic Transaction Department    

e. no such change 

16. Which of the following transaction options is not available under NUUP platform?

a. Balance enquiry      

b. mini statement      

c. mobile recharge      

d.  Request MMID       

e. IMPS Fund transfer 

                                                                                                 

17. What is the minimum amount per transaction under NUUP platform by dialing *99#

a.`10/-       

b. `50/-      

c. `100/-      

d. `500/-     

e. `1,000/- 

18. Which of the following type of account is NOT exempted from recovery of service       charges for our Debit cards?

a. Staff/ex-staff

b. Senior Citizens

c. Pensioners 

d. Current Account

e. No frill/Basic SB account 

19.What is the per transaction limit for IMPS P2M transaction for our M-Connect       Users?

a. `10,000/-    

b. `5,000/-     

c. `20,000/-   

d. `25,000/- 

e. `50,000/- 

20.What is the per day limit for IMPS P2M transaction for our M-Connect Users?   

a.`10,000/-    

b. `5,000/-     

c. `20,000/-   

d. `25,000/- 

e. `50,000/- 

21. IMPS stands for

a) Immediate Payment Service

b) Interbank Mobile Payment System

c) Indian Money Payment System

d) Internet banking Money Payment Service 

22. What is the per day transaction limit for Mobile Banking in our Bank?

a) `25,000       

b) `40,000   

c)`50,000    

d) `1,00,000     

e) none of these 

23.How much minimum amount can be loaded in Baroda Gift Card?    

a) `50      

b) `100     

c) `500    

d) `1000      

e) none 

24.Above the minimum amount, further amount that can be loaded to Baroda Gift Card      in multiples of __  

a) `1        

b) `10         

c) `50     

d) `100        

e) `500 

25.Baroda Travel Easy Card is available in which of the following currencies?

a. USD         

b. EURO        

c. GBP          

d. (a) & (c) Only     

e. all a, b & c

                                                                                                           

26.What is minimum load value for the Travel Easy Card?  

a. USD200, GBP150, EURO150         

b. USD200, GBP200, EURO200    

c. USD100, GBP100, EURO100         

d. USD500, GBP200, EURO200    

e. as requested by the customer 

27. Baroda Gift Card can be used for transactions at ___    

a) POS only    

b) POS & Online purchases   

c) POS & BoB ATM     

d) Any ATM     

e) POS & Online purchases & Bob ATM 

28. National Financial Switch is presently handled by ___    

a) RBI        

b) IDRBT  

c) NPCI      

d) IBA        

e) RTGS 

29. Baroda Contact Centers are located at ___    

a) Delhi & Mumbai   

b) Mumbai & Baroda  

c) Baroda & Lucknow 

d) Baroda & Delhi     

e) None 

30. Toll free numbers of Baroda Contact Centers are ___    

a) 1800 220 400 & 1800 102 44 55  

b) 1800 22 33 44 & 1800 102 44 55      

c) 1800 102 44 55 & 1800 102 56 27 

d) 1800 22 33 44 & 1800 102 56 27

 

31. What are the timings for Contact Centre services through IVR ie, without the help of agent?

a. 6 a.m to 8 p.m

b. 6 a.m to 10 p.m

c. 8 a.m to 8 p.m

d. 8 a.m to 10 p.m

e. Round the clock  

                                                                                                           

32. What are the timings for Contact Centre services through agents and web-chat?

a. 6 a.m to 8 p.m

b. 6 a.m to 10 p.m

c. 8 a.m to 8 p.m

d. 8 a.m to 10 p.m

e. Round the clock 

33. Which of the following modes does not allow a customer for Aadhar number         seeding in his/her account?

a) M-Connect

b) SMS      

c) Baroda Connect   

d) ATM    

e) Contact Centre 

34. Baroda e-Gateway processes _____ transactions.     

a) Internet Banking transactions    

b) Mobile Banking transactions      

c) Visa & Master Card transactions 

d) All e-banking transactions      

e) Baroda Cash Management Services (BCMS) 

35. Baroda Cash Management System has ___ fund management modules.    

a) 2    

b) 3     

c) 4    

d) 5    

e) 6 

36. ASBA facility is to facilitate the customer to –     

a) Tax payment online   

b) School fee payment   

c) Investment in Company Shares       

d) A facility to Corporate customers for fund management     

e) none of these 

37. What is the minimum period that can be opted for investment in FDR through our        Baroda Connect (Internet Banking) facility?   

a) 7 days            

b) 15 days         

c) 46 days          

d) 181 days       

e) 12 months    

                                                                                                           

38. What are the services available for a customer under ―Baroda SMS Banking‖         facility by sending an SMS to 5616150 –     

a. Balance Enquiry        

b. Mini Statement       

c. Cheque Status      

d. All the three (a), (b) & (c)      

e. only (a) & (b) 

39. Which one of the following is not a fund management module under BCMS –  

a. Collection                       

b. Payment                   

c. Liquidity Management            

d. Financial management     

e.  (a) & (b) 

40. Which of the following transactions in a Cash Credit Account gives an SMS alert?

a. cheque return transactions (inward & outward) irrespective of amount 

b. debit/credit transactions for `1.00 lac and above 

c. debit/credit transaction for `50,000/- and above 

d. (a) and (b) only  

e. (a) and (c) only   

41. What type of Banking services made easy with the help of ‗Unstructured         Supplementary Services Data‘ (USSD)?

a. E-Gateway     

b.Mobile Banking     

c.Net Banking    

d. All ADCs    

e. None 

42. Which is real time and session oriented platform for Mobile Banking transactions?

a. RTGS     

b. NUUP    

c. Baroda E-gateway     

d. NEFT     

e. NPCI 

43. NUUP provides certain basic banking services, which does not include –  

a. Account balance enquiry  

b. Mini Statement    

c. IMPS fund transfer    

d. mPin change    

e. cheque payment status

                                                                

44. What is the per transaction & per day limit for third party fund transfer for a         Retail User in our Baroda Connect?    

a.`2.00/`4.00 lacs                   

b. `2.00/`5.00 lacs                  

c. `3.00/`5.00 lacs      

d.`1.00/`3.00 lacs                    

e. `4.00/`4.00 lacs 

45. What is the maximum amount that can be remitted through NEFT/RTGS per        transaction through Baroda Connect by a Retail User? 

a) `1.00 lac       

b) `2.00 lacs         

c) `3.00 lacs    

d. `4.00 lacs       

e. `5.00 lacs 

46. Which of the following facilities is not presently available in our Baroda Connect? 

a. investment in FDR      

b. investment in shares through ASBA      

c. IMPS fund transfer through NEFT instantly      

d. instant third party fund transfer after registration      

e. opening of RD account 

47.What is the per transaction/per day limit without debit card in our Cash Deposit       Machine?

a. `10,000/-        

b. `15,000/-     

c. `20,000/-    

d. `30,000/-     

e. `49,900/- 

                                                                                           

48. What beneficiary details are sufficient for a customer to affect an IMPS        remittance through M-Connect (Person to Person)?   

(1) Mobile number  (2) MMID    (3) Account Number   (4) IFSC

a. only (3) & (4)  

b. only (1) & (2)

c. (1), (3) & (4)

d. only (3) & (4)

e. all (1) (2) (3 & (4)  

49. What is the per transaction limit for NEFT transaction through our ATM for BOB   Customer?

a. `10,000   

b. `15,000    

c. `25,000    

d. `50,000    

e. `1,00,000 

50. In Baroda connect, how many beneficiaries can be registered in one day?

a. 5             

b. 3              

c. 2               

d. 1                 

e. any number

51. PAM is one of the security Measures used in online banking where the user can       confirm the authenticity of the website. What is PAM stands for?

a. Personal Acceptance message      

b. Personal Assurance Message

c. Permanent Acceptance Message   

d. Personal Assurance Media

e. Personal Acceptance media