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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-2

  • question_answer
    Indian Railway Catering and Tourism Corporation (IRCTC) in collaboration with the Union Bank of India and the National Payment Corporation of India has launched Rupay pre-paid debit card service. The maximum loading limit of these cards with partial KYC is _______

    A)  Rs. 1, 00,000               

    B)  Rs. 10, 000

    C)  Rs. 15, 000                  

    D)  Rs. 50, 000

    E)  Rs. 25, 000

    Correct Answer: B

    Solution :

     One can have the card with a loading limit of Rs 10.000 with partial "Know Your Customer" (KYC) detail or Rs. 50,000 loading limit with full KYC. RuPay is India's own card payment gateway network like Visa and Master Card, and provides an alternative system for banks to provide a debit card service.


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