PAYMENT AND SETTLEMENT SYSTEMS IN INDIA
Payment and Settlement Systems in India Quiz
Test your knowledge on the various aspects of payment and settlement systems in India! This quiz covers topics such as RTGS, NEFT, IFSC, and more.
Are you ready to challenge yourself? You've got 36 questions that will help you learn more about these vital financial systems!
- Understand the Payment and Settlement Act
- Learn about transaction charges and limits
- Explore different types of ATMs and their labels
PAYMENT AND SETTLEMENT ACT
2009
2008
2007
2004
RTGS, R STANDS FOR
RISK
REAL
MIN- MAX AMOUNT IN RTGS
1L-NO
2L-NO
3L-NO
4L-NO
IN RTGS, AMOUNT TRANSFER WITHIN HOWNANY MINUTES
60
40
30
20
IN RTGS, OUTWARD TRANSACTION 2L-5L AMOUNT CHARGE
20
30
40
50
IN RTGS, OUTWARD TRANSACTION ABOVE 5L AMOUNT CHARGE
45
35
55
23
NEFT, IN E STANDS FOR
ELECTION
ECONOMIC
ELECTROINC
ENERGY
NEFT TRANSACTION LIMIT EXCLUDING NEPAL
5L
0L
1L
7L
NEPAL TRANSACTION LIMIT
30000
40000
60000
50000
IN NEFT, OUTWARD TRANSACTION UPTO 10000 AMOUNT CHARGE
2.5
3
3.5
4
IN NEFT, OUTWARD TRANSACTION 10000-1L AMOUNT CHARGE
4
5
6
7
IN NEFT, OUTWARD TRANSACTION 1L-2L AMOUNT CHARGE
15
13
12
11
IN NEFT, OUTWARD TRANSACTION 2L ABOVE AMOUNT CHARGE
25
28
29
31
IN IFSC, F STANDS
FUNCTION
FUND
FINANCIAL
FLIM
IFSC CODE DIGIT
19
13
11
10
IN IFSC, 5TH CHARACTER IS REPRESENTED BY
0
BANK
BRANCH
ACCOUNT NUMBER
MICR, I STANDS FOR
INDIAN
INK
IMMEDIATE
IMPERIAL
MICR DIGIT, HOWMANY DIGITS
7
8
9
11
MMID, SECOND M STANDS FOR
MONEY
MOBILE
MOMMET
MULTI
HOWMANY DIGITS IN MMID
6
7
9
8
SWIFT, W T STANDS FOR
TEACHING
TELLER
TELECOMMUNICATION
SWIFT CODE
8-10
6-11
3-19
8-11
ATM, M STANDS FOR
MONEY
MOBILE
MECHANIC
MACHINE
WITHIN PERMISSION OF BANK ATM IS CALLED
OFFSITE
ONSITE
WHITE
GREEN
SHOPPING MALL, AIRPORTS HAS PARTICULAR ATMS.IT IS CALLED
OFFSITE
ONSITE
NBFC PROVIDED WHICH ATM
GREEN LABEL
WHITE LABEL
ONSITE
OFFSITE
AGRICULTURAL TRANSACTION USAGE ATM
GREEN LABEL
WHITELABEL
ORANGE LABEL
YELLOWLABEL
WOMEN ATM
WHITE LABEL
PINK LABEL
ORANGE LABEL
YELLOW LABEL
PINK LABEL ATM LAUNCHED BY
PNB
SBI
ICICI
IDBI
WHICH ATM IS LOCATED AT WORK PLACE
ONSITE
OFFSITE
WHITE
WORKSIDE
WHICH ATM PROVIDED BY SHARE TRANSACTION ATM
WHITE LABEL
YELLOW LABEL
BLUE LABEL
ORNAGE LABEL
E COMMERCE ATM
BROWN LABEL
PINK LABEL
BLUE LABEL
YELLOW LABEL
HARDWARE AND THE LEASE OF THE ATM
PINK LABEL
WHITE LABEL
YELLOW LABEL
BROWN LABEL
WHICH ATM ONLY WITHDRAWAL, BALANCE ENQUIRY MINI STATEMENT REQUESTS
PINK
WHITE
BROWN
CASH DISPENSER
WHICH ATM HAS HUMAN HAND
YELLOW
PINK
BROWN
MOBILE ATM
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