Question Paper from: SBI PO MAINS 2018

Payments banks is a new model of banks conceptualised by the Reserve Bank of India (RBI). Payment Banks cannot-

1:

Allowed to issue debit cards also offer internet banking 

2:

Bank can also undertake utility bill payments

3:

Can accept remittances to be sent to or receive remittances from multiple banks

4:

Issue credit card

5:

Accept demand deposits

Solution:
Chapter Name: Banking Awareness

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SBI PO MAINS 2018

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