questionFromString.label: SBI PO Mains 2017

Consider the following statements regarding Payment Banks:
A) Payment Banks can't advance loans or issue credit cards.
B) Payment Banks can accept demand deposits up to Rs 5 lakh.
C) Payment Banks offer remittance services,mobile payments/transfers/purchases.
D) Payment Banks offer banking services like ATM/debit cards, net banking and third party fund transfers                    
          Which of the above options are correct:
1:
A, C and D only
2:
B, C and D only
3:
A and D only
4:
All of the above
5:
Only A & B
solution.label:
chapterName.label: Banking Awareness

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SBI PO Mains 2017

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