Electronic Payment Systems Model Question Paper

12th Standard EM

    Reg.No. :
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Computer Applications

Time : 01:00:00 Hrs
Total Marks : 40
    5 x 1 = 5
  1. ECS stands for

    (a)

    Electronic Clearing Services

    (b)

    Electronic Cloning Services

    (c)

    Electronic Clearing Station

    (d)

    Electronic Cloning Station

  2. Pick the odd one in the credit card transaction

    (a)

    card holder

    (b)

    merchant

    (c)

    marketing manager

    (d)

    acquirer

  3. The term credit card was coined by _________.

    (a)

    Edward Bellamy

    (b)

    Netin

    (c)

    Flemmin

    (d)

    Robert Lake

  4. ________ is thethe first six-digits of credit card number to uniquely identify financial institutions.

    (a)

    BINJ

    (b)

    UNF

    (c)

    CVC2

    (d)

    UDI

  5. ________ is s magnetic stripe or chip card that holds the value of money to offer as a gift by a -business

    (a)

    E-card

    (b)

    Gift card

    (c)

    E-Buy

    (d)

    E-wallet

  6. 5 x 2 = 10
  7. List the types of micro electronic payments based on its algorithm

  8. What are the two types of electronic payment system?

  9. What is Hologrm?

  10. Advantages of unified payments interface?

  11. What is mean by point of sale?

  12. 5 x 3 = 15
  13. Compare and contrast the credit card and debit card.

  14. Briefly explain the stored value card and its types.

  15. What is the role of Electronic payment system?

  16. How merchant will be one of the Key players In operations of credit card?

  17. List the advantages of smart card.

  18. 2 x 5 = 10
  19. Briefly explain Electronic Account transfer and its types

  20. Write in detail about the classification of smart cards

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