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Which of the following is not an objective of IMPS?
  • a)
    To facilitate mobile payment systems already introduced in India with the Reserve Bank of India Mobile Payment Guidelines 2008 to be inter-operable across banks and mobile operators in a safe and secured manner
  • b)
    Making payment simpler just without the mobile number of the beneficiary
  • c)
    To enable bank customers to use mobile instruments as a channel for accessing their banks accounts and remit funds
  • d)
    To build the foundation for a full range of mobile based Banking services
  • e)
    To sub-serve the goal of Reserve Bank of India (RBI) in electrification of retail payments
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Which of the following is not an objective of IMPS?a)To facilitate mo...
Objectives of IMPS is given below-
(a) To enable bank customers to use mobile instruments as a channel for accessing their banks accounts and remit funds
Making payment simpler just with the mobile number of the beneficiary
(b) To sub-serve the goal of Reserve Bank of India (RBI) in electronification of retail payments
(c) To facilitate mobile payment systems already introduced in India with the Reserve Bank of India Mobile Payment
(d) Guidelines 2008 to be inter-operable across banks and mobile operators in a safe and secured manner
(e) To build the foundation for a full range of mobile based Banking services.
Hence, the correct option is (B).
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Which of the following is not an objective of IMPS?a)To facilitate mobile payment systems already introduced in India with the Reserve Bank of India Mobile Payment Guidelines 2008 to be inter-operable across banks and mobile operators in a safe and secured mannerb)Making payment simpler just without the mobile number of the beneficiaryc)To enable bank customers to use mobile instruments as a channel for accessing their banks accounts and remit fundsd)To build the foundation for a full range of mobile based Banking servicese)To sub-serve the goal of Reserve Bank of India (RBI) in electrification of retail paymentsCorrect answer is option 'B'. Can you explain this answer?
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Which of the following is not an objective of IMPS?a)To facilitate mobile payment systems already introduced in India with the Reserve Bank of India Mobile Payment Guidelines 2008 to be inter-operable across banks and mobile operators in a safe and secured mannerb)Making payment simpler just without the mobile number of the beneficiaryc)To enable bank customers to use mobile instruments as a channel for accessing their banks accounts and remit fundsd)To build the foundation for a full range of mobile based Banking servicese)To sub-serve the goal of Reserve Bank of India (RBI) in electrification of retail paymentsCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Which of the following is not an objective of IMPS?a)To facilitate mobile payment systems already introduced in India with the Reserve Bank of India Mobile Payment Guidelines 2008 to be inter-operable across banks and mobile operators in a safe and secured mannerb)Making payment simpler just without the mobile number of the beneficiaryc)To enable bank customers to use mobile instruments as a channel for accessing their banks accounts and remit fundsd)To build the foundation for a full range of mobile based Banking servicese)To sub-serve the goal of Reserve Bank of India (RBI) in electrification of retail paymentsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is not an objective of IMPS?a)To facilitate mobile payment systems already introduced in India with the Reserve Bank of India Mobile Payment Guidelines 2008 to be inter-operable across banks and mobile operators in a safe and secured mannerb)Making payment simpler just without the mobile number of the beneficiaryc)To enable bank customers to use mobile instruments as a channel for accessing their banks accounts and remit fundsd)To build the foundation for a full range of mobile based Banking servicese)To sub-serve the goal of Reserve Bank of India (RBI) in electrification of retail paymentsCorrect answer is option 'B'. Can you explain this answer?.
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