Check Your Financial Industry IQ With This Quiz!

The correct answer is "Yes" because ticking on RTS (Return to Sender) in fake contact, RTP (Refused to Pay), waiver, death suspicious, complaint, and fraud suspicious cases is mandated. This means that when encountering any of these situations, it is necessary to indicate the RTS option.

It is necessary to check historical notes because they provide important information about past events, actions, and decisions that can help in understanding the present situation. Historical notes offer insights into the context, motivations, and consequences of past actions, which can be valuable for making informed decisions and avoiding past mistakes. By examining historical notes, one can gain a deeper understanding of the subject matter and make more informed choices based on lessons learned from the past.

Payment agreements can be checked on every RPC (Remote Procedure Call) connected call. This means that whenever a remote procedure is called, the payment agreement can be verified to ensure that the payment terms and conditions are met before proceeding with the call. This helps in maintaining the integrity of the payment system and ensures that the agreed-upon payment terms are followed consistently.

The given correct answer is "Call disconnected - Non RPC". This means that when someone picks up the call and says hello, but the call is dropped, the disposition will be classified as "Call disconnected - Non RPC". This suggests that the call ended abruptly and unexpectedly, without any specific reason or cause mentioned.

The correct answer is "Promise to pay." PTP stands for "Promise to pay," which refers to a commitment or agreement to repay a debt or fulfill a financial obligation at a later date. This term is commonly used in financial and banking contexts, such as loan agreements or credit arrangements.

The correct answer is 24 hrs. This means that the payment Turnaround Time (TAT) for Axis Bank is 24 hours. This suggests that when making a payment through Axis Bank, it should be processed and completed within a maximum time frame of 24 hours.

In Loxon, the payment agreement can be checked under the "Contract-payment agreement" section. This section specifically deals with the financial aspects of the contract, including the agreed-upon payment terms and conditions. It provides detailed information about the payment schedule, due dates, and any penalties or fees associated with late or missed payments. By accessing this section, users can easily review and track the payment agreement for a particular contract in Loxon.

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In a Fake Contact scenario, it is important to capture the details of the registered name of the sim, the mobile number used, the location of the sim, the contacted person's name, and their mobile number. This information is necessary to investigate and track any fraudulent or suspicious activities related to fake contacts.

The payment TAT for CPU is 48 working hours. This means that it will take a maximum of 48 working hours for the payment to be processed and completed. Working hours typically refer to the hours during which the organization or institution is open and operational, excluding weekends and public holidays. Therefore, the payment for CPU will be processed within two working days, considering a standard 8-hour workday.