Question

    Which of the following are instruments that facilitate purchase of goods and services, conduct of financial services, enable remittance facilities, etc., against the value stored therein?

    A Prepaid Payment Instruments Correct Answer Incorrect Answer
    B Prepaid Investment Correct Answer Incorrect Answer
    C Electronics Payment System Correct Answer Incorrect Answer
    D Wallets Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    PPIs are instruments that facilitate purchase of goods and services, conduct of financial services, enable remittance facilities, etc., against the value stored therein.

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