Asked in PPSC, FPSC and other one-paper exams (compiled from unofficial resources).
General Shortcuts & AbbreviationsImportant Terms & Abbreviations
In the banking system, what does OTP stand for?
- A.One Time PasswordCorrect answer
- B.Online Transaction Protocol
- C.One Time Processing
- D.Open Transfer Portal
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Practice these MCQs in the appQuick fact: OTP stands for One Time Password, a temporary code used for secure authentication in banking and online transactions.