PA Exam Materials - Examination point of view - 15

 PA Exam Materials - Examination point of view - 33

PLEASE READ AND KEEP MEMORY THE FOLLOWING POINTS
READ FOR THE EXAMINATION PURPOSE

Digital Life Certificate (Jeevan Pramaan):
• Biometric enabled digital service for pensioners (IPPB and non-IPPB).

• Pramaan ID generated upon successful DLC.
• Nominal fee: ₹70 (inclusive of GST/CESS).
• Pre-requisites: Aadhaar number, existing mobile number, Aadhaar registered with pension disbursing agency.
• Required details: Type of pension, sanctioning authority, disbursing agency, PPO number, pension account number.

Domestic Money Transfer:
• Facilitates cash to account fund transfer.
• For Non-IPPB customers/remitters.
• Instant money transfer.
• Lowest service charge: 1% of transaction value (min. ₹10, inclusive of GST & Cess).

AEPS – Aadhaar Enabled Payment System:
• Available for both IPPB and Non-IPPB customers.
• Services: Cash Withdrawal, Mini statement, Balance Enquiry (any bank account).

Banking Abbreviations:

• NEFT: National Electronic Funds Transfer
• RTGS: Real Time Gross Settlement
• IMPS: Immediate Payment Service
• UPI: Unified Payments 1 Interface   
• IFSC: Indian Financial System Code
• VPA: Virtual Payment Address
• NPCI: National Payments Corporation of India
• MPIN: Mobile Banking Personal Identification Number
• OTP: One Time Password
• AEPS: Aadhaar Enabled Payment Service
• BHIM: Bharat Interface for Money
• BBPS: Bharat Bill Payment System
• IRDA: Insurance Regulatory and Development Authority
• SEBI: Securities and Exchange Board of India
• UIDAI: Unique Identification Authority of India