Question
RBI recently extended the card-on-file (CoF)
tokenization deadline by 6 months to June 30, 2022. Which of the following correctly describes CoF tokenization?Solution
Tokenisation refers to replacement of actual credit and debit card details with an alternate code called the “token”, which will be unique for a combination of card, token requestor and device. A tokenised card transaction is considered safer as the actual card details are not shared with the merchant during transaction processing. Customers who do not have the tokenisation facility will have to key in their name, 16-digit card number, expiry date and CVV each time they order something online. This could be cumbersome exercise and may impact transaction value, especially when done through stored cards. In case of multiple cards, each will have to be tokenised.
Select the correct mirror image of the given figure when the mirror is placed at MN as shown below.
Two statements are given followed by two conclusions numbered I and II. Assuming the statements to be true, even if they seem to be at variance with com...
In a certain code language, ‘FLORA’ is written as ‘WQOLC’ and 'MONEY' is written as 'PNPYE'. How will ‘GOING’ be written in that language?
In a certain code language, "SUCCESS" Is written as 'UQGAESU', and "FAILURE" is written as 'GPWJKYH'.
Which of the following are correct matches ...
In the following number-pairs, the second number is obtained by applying some mathematical operations on the first number. Select the option in which t...
What should come in place of the question mark (?) in the given series?
75 81 93 111 135 ?
Select the option that is related to the third number in the same way as the second number is related to the first number.
7 : 393 :: 9 : ?
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Z + Y’ means ‘Z is the father of Y’
‘Z – Y’ means ‘Z is the mother of Y’
‘Z × Y’ means ‘Z is the brother of Y’
Read the given statements, labeled Assertion (A) and Reason (R), and select the most appropriate option with respect to them
Statements:
