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business
Feb 15
EPFO 3.0: ATM access, standardised procedures and higher withdrawals
AI-Generated from
Business Line
1.
What feature would the app enable according to the news summary?
A
Withdrawal of proceeds from bank ATMs
B
Bill payments only
C
Online shopping
D
Tax filing
2.
Which interface could be used through the app?
A
UPI
B
Cryptocurrency
C
Credit card
D
Cash only
3.
What kind of transactions could be made with the app?
A
Withdrawal from ATMs only
B
UPI transactions only
C
Bank transfers only
D
Both ATM withdrawals and UPI transactions
4.
What is NOT mentioned as a feature of the app?
A
Bill payments
B
Bank transfers
C
Online shopping
D
Tax filing
5.
Which banking activity is specifically mentioned in the news summary?
A
Depositing cash
B
Withdrawing cash from ATMs
C
Opening a new account
D
Loan application
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