ECS stands for

(a)

Electronic Clearing Services

(b)

Electronic Cloning Services

(c)

Electronic Clearing Station

(d)

Electronic Cloning Station

Which of the following is true about Virtual payment address (VPA)?

(a)

Customers can use their e-mail id as VPA

(b)

VPA does not includes numbers

(c)

VPA is a unique ID

(d)

Multiple bank accounts cannot have single VPA

Pick the odd one in the credit card transaction

(a)

card holder

(b)

merchant

(c)

marketing manager

(d)

acquirer

Which of the following is true about debit card
i. debit cards cannot be used in ATMs
ii. debit cards cannot be used in online transactions
iii. debit cards do not need bank accounts
iv. debit cards and credit cards are identical in physical properties

(a)

i, ii, iii

(b)

ii, iii, iv

(c)

iii alone

(d)

iv alone

Match the following

List A	List B
A1) First Digit	B1) Account number
A2) 9th to 15th Digit	B2) MII Code
A3) First 6 Digits	B3) BIN Code
A4) Last Digit	B4) Check digit

(a)

A1	A2	A3	A4
B4	B3	B2	B1

(b)

A1	A2	A3	A4
B2	B1	B3	B4

(c)

A1	A2	A3	A4
B2	B3	B4	B1

(d)

A1	A2	A3	A4
B2	B4	B3	B1