Which of the following is not true about Mobile Money Identifier (MMID)?
A. Mobile Money Identifier (MMID) is a seven-digit number, issued by banks for effecting financial transactions through the user's mobile phone
B. The user's mobile number MMID are uniquely linked with his bank account number, and is one of the key inputs to facilitate fund transfer
C. Both the remitter and the beneficiary are required to have their MMIDs to effect a fund transfer through the mobile phone
D. A unique MMID and mobile number combination helps in identifying the beneficiary's details. A single MMID can be linked to a mobile number
Answer: Option D
This Question Belongs to Commerce >> Banking And Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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