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Banking Awareness · Q265

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 265

Q265

On 7 May 2015, RBI said with effect from September 1, 2015 all new cards issued - debit and credit, domestic and international - by banks shall be EMV chip and pin based cards. EMV stands for

A.
Europay, Mastro and Visa
B.
Europay, Master Card and Visa
Answer
C.
Entitlement of Master Card and Visa
D.
Euro, Master Card and Visa

Answer: Option B

Solution

Answer: Option B
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