Question

    Which of the following is called Prepaid Payment

    Instrument (PPI)? 
    A Gift Card Correct Answer Incorrect Answer
    B Social Benefit Card Correct Answer Incorrect Answer
    C Foreign Travel Card Correct Answer Incorrect Answer
    D Mobile wallets Correct Answer Incorrect Answer
    E All the above Correct Answer Incorrect Answer

    Solution

    Among the prepaid instruments, PPI cards (which include mobile prepaid instruments, gift cards, social benefit cards, foreign travel cards and corporate cards) remained the most popular mode followed by mobile-wallets.

    Practice Next

    Relevant for Exams: