Examveda
Examveda

Which of the following is not true about Aadhaar-enabled payment system (AEPS)?

A. AEPS enables bank customers to access their Aadhaar-linked bank accounts through the Aadhaar authentication

B. For a transaction through AEPS, only Aadhaar number and fingerprint captured during the enrolment are required

C. AEPS allows inter-operability among different systems adopted by different banks in a safe and secured manner

D. Customers can find out their account balance deposit cash, withdraw money and transfer funds to other Aadhaar-linked bank accounts through the help of business correspondents of the bank they have account in

Answer: Option D


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