Question

    Which banking service uses Aadhaar for authenticating

    transactions?
    A Internet Banking Correct Answer Incorrect Answer
    B Mobile Banking Correct Answer Incorrect Answer
    C Aadhaarenabled Payment System (AePS) Correct Answer Incorrect Answer
    D Core Banking System (CBS) Correct Answer Incorrect Answer
    E RealTime Gross Settlement (RTGS) Correct Answer Incorrect Answer

    Solution

    The Aadhaarenabled Payment System (AePS) allows users to carry out banking transactions through Aadhaar authentication, making it accessible even in rural areas.

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