46. What is the maximum amount of cash withdrawal a customer can make at a banking correspondent outlet in a month?
a) Rs. 10,000
b) Rs. 20,000
c) Rs. 30,000
d) Rs. 50,000
47. Which of the following is not a factor in determining the compensation of banking correspondents?
a) Number of transactions conducted
b) Accuracy of transactions
c) Customer satisfaction ratings
d) Location of the banking correspondent outlet
48. Which of the following is not a benefit of becoming a banking correspondent?
a) Increased income for the individual or entity
b) Enhanced social status
c) Access to credit at lower interest rates
d) Improved financial literacy
49. How can banking correspondents contribute to rural development?
a) By providing employment opportunities
b) By promoting financial inclusion
c) By supporting local businesses
d) All of the above
50. What is the term used for the process of digitizing financial transactions in remote areas?
a) Cashless banking
b) Remote banking
c) Digital banking
