IIBF Digital Banking Practice Questions - IIBF Certificate Examination In Digital Banking (India) Exam

What is the primary source of funds used when a customer makes a transaction using a standard debit card?

A pre-approved credit line provided by the card issuer The customer's linked savings or current bank account A temporary overdraft account created on demand A centralized reserve fund managed by the Reserve Bank of India

Correct Answer:

The customer's linked savings or current bank account

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