MAB FOR QUIZ

Which one of the following is not an advantage of accepting Credit/Debit cards by a Merchant for receipt of payment?

• Decreased Cash handling
• Decreased risk of forged notes
• Increased sales
• Decreased customer stickiness

Which one of the following is not an advantage for an Acquiring Bank to provide PoS machines to its current account business customers?

• Reduced cost of transaction
• Higher CASA deposits
• De-cluttering of branches and ATMs
• A SBI card swiped on other bank PoS machine shifts the funds to other bank.

Mr. Raju has a Kirana store business. Presently he has a fixed telephone line in his shop. If he wants to go for a PoS machine but wants to save on rental, which type of terminal he should prefer?

• Desktop GPRS
• Portable GPRS
• PSTN
• Mobile PoS

Which one of the following is not a charge recovered by the Acquiring Bank from the Merchant under MAB?

• Commitment charges
• Installation charges
• De-installation charges
• Adaptor replacement charges

Mr. Spielberg visits Hyderabad in relation to a Film festival. He goes around the Night bazar at Shilparamam and purchase some ethnic bangles. He pays in USD using his Card by availing the Dynamic currency conversion (DCC) facility offered by the shopkeeper on his SBI PoS machine. Who converts the transaction rupee amount into USD under DCC?

• Issuing Bank
• World Bank
• Acquiring Bank
• Correspondent Bank

Which one of the following is not an Administrator role in Branch Module of MAB Workflow?

• Circle Administrator
• Zonal Administrator
• Regional Administrator
• Branch Administrator

Which role holder in the MAB workflow acts as a link between SBI and TSPs?

• Recommender
• Approver
• MAB Approver
• Controller

Ms Smitha who is an Originator role holder in a branch got transferred suddenly and had to be relieved. She was working on the application for PoS machine from a customer and could not complete the process. What is the option for the Branch Administrator under MAB workflow?

• Transfer the application to other Recommender
• Tell another Recommender to freshly start processing the application
• Unlock the application
• Finish processing the application by himself from his Id

Mr. Ramayya wants to accept payments at his vegetable shop through QR code. Which one of the following is not a requirement for accepting Bharat QR payments?

• Smart Mobile phone
• Smart Mobile dongle
• Account with SBI
• Bharat QR SBI Merchant application installed on phone

What is the role of the Branch manager of a scale IV branch under MAB workflow?

• Approver
• Recommender
• Originator
• Controller