Digital Banking Product Offerings Quiz
5 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Who is eligible to receive a Debit Card according to the circular?

  • Joint Account holders with operation severally (correct)
  • Accounts under Garnishee/attachment orders
  • Minor students aged 10 years and above
  • Accounts under Cash Credit/Loan Accounts
  • Which account holders will not be issued a Debit Card?

  • Minor students under 10 years old
  • Accounts under Garnishee/attachment orders
  • Cash Credit/Loan Account holders (correct)
  • Accounts under litigation/dispute
  • In what scenario can the bank issue a Debit Card for an overdraft facility?

  • For accounts under attachment orders
  • For accounts subject to litigation/dispute
  • For Pradhan Mantri Jan Dhan Yojana accounts (correct)
  • For accounts with inventory limits
  • Who should branches provide all possible assistance to for availing Debit Card facilities?

    <p>Specially abled persons on their request</p> Signup and view all the answers

    Which type of accounts are ineligible to receive a Debit Card?

    <p>Joint Accounts with operation condition 'Jointly'</p> Signup and view all the answers

    More Like This

    Digital Banking in the Philippines
    30 questions
    Digital Banking Automation Quiz
    24 questions

    Digital Banking Automation Quiz

    WellManneredSanity4950 avatar
    WellManneredSanity4950
    Use Quizgecko on...
    Browser
    Browser