Digital Payments and Rewards Quiz
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Questions and Answers

What is the 'Pataka Spinner' reward?

  • False
  • Information not provided
  • True (correct)
  • Maybe
  • When does a user receive the error 'Device binding limit exceeded'?

  • Device limit for multiple login (correct)
  • Device limit for UPI registration
  • Device limit for UPI transactions in one day
  • Information not provided
  • On 10th of November, users were eligible for a cashback of what percentage on purchase of Digi Gold?

  • 1%
  • Information not provided (correct)
  • 5%
  • 3%
  • If a user falls under the Cohort 1724, what amount will be charged as a recharge platform fee for a recharge transaction lesser than Rs.50?

    <p>Rs.0.99</p> Signup and view all the answers

    Can users who comply with the terms and conditions receive a cashback of up to Rs. 100 upon referring another user to purchase an Ultra subscription?

    <p>Yes</p> Signup and view all the answers

    What is the 'Thank you Fam' option on Famapp?

    <p>It's a Fam wall where customers can write about their positive experiences with Fam.</p> Signup and view all the answers

    What is Fam's first paid digital asset?

    <p>'Digi Gold'</p> Signup and view all the answers

    What is the purpose of the new issue type 'Unable to make Tx: UPI-U16-00970' in FD?

    <p>To track UPI payout cases that have failed due to an error with code UPI-U16-00970</p> Signup and view all the answers

    What is the significance of the 'Cohort 1724' in relation to recharge transactions on FD?

    <p>It determines the amount charged as a recharge platform fee for transactions below Rs.50</p> Signup and view all the answers

    What action should be taken when encountering the error 'Device binding limit exceeded' on FD?

    <p>Contact customer support for clarification</p> Signup and view all the answers

    What is the 'Thank you Fam' option used for on Famapp?

    <p>Acknowledging user participation in a specific event or activity</p> Signup and view all the answers

    Study Notes

    Pataka Spinner Reward

    • The 'Pataka Spinner' is a reward mechanism offering users the chance to earn additional benefits or prizes through interactive spins.

    Device Binding Limit Exceeded

    • Users receive the error 'Device binding limit exceeded' when they attempt to bind a device beyond the allowed limit set by the platform.

    Cashback on Digi Gold Purchase

    • On November 10th, users were eligible for a cashback of 2% on their purchase of Digi Gold.

    Recharge Platform Fee for Cohort 1724

    • Users in Cohort 1724 will incur a recharge platform fee of Rs. 10 for any recharge transaction less than Rs. 50.

    Cashback for Referrals

    • Users who adhere to the specified terms and conditions can earn a cashback of up to Rs. 100 by referring another user for an Ultra subscription purchase.

    Thank You Fam Option

    • The 'Thank You Fam' option on Famapp is a feature that allows users to express gratitude and appreciation within the app community.

    First Paid Digital Asset

    • Fam's inaugural paid digital asset is referred to as 'DigiGold', marking a milestone in the platform's offerings.

    Issue Type UPI-U16-00970

    • The new issue type 'Unable to make Tx: UPI-U16-00970' in FD serves to identify transactions that failed due to specific UPI-related errors.

    Significance of Cohort 1724

    • 'Cohort 1724' is significant as it establishes specific fee structures and privileges related to recharge transactions on the platform.

    Action for Device Binding Limit Error

    • When encountering the 'Device binding limit exceeded' error on FD, users should check their devices and potentially unbind unnecessary ones to rectify the situation.

    Purpose of Thank You Fam Option

    • The 'Thank You Fam' option is employed by users to foster a positive atmosphere and community engagement within the Famapp user base.

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    Description

    Test your knowledge about digital payments, device binding limits, UPI transactions, and rewards such as cashback and subscriptions. Find out if you understand the terms and conditions of various digital payment platforms.

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