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12th Standard Computer Applications Electronic Payment Systems English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021

12th Standard

    Reg.No. :
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Computer Applications

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. Which of the following is not a category of micropayment?

    (a)

    Buying a movie ticket

    (b)

    Subscription to e journals

    (c)

    Buying a laptop

    (d)

    Paying for smartphone app

  2. Which of the following is correctly matched

    (a)

    Credit Cards - pay before

    (b)

    Debit Cards - pay now

    (c)

    Stored Value Card - pay later

    (d)

    Smart card – pay anytime

  3. Which of the following is a online payment system for small payments.

    (a)

    Card based payment

    (b)

    Micro electronic payment

    (c)

    Macro electronic payment

    (d)

    Credit card payment

  4. Pick the odd one in the credit card transaction

    (a)

    card holder

    (b)

    merchant

    (c)

    marketing manager

    (d)

    acquirer

  5. The term credit card was first mentioned in ________.

    (a)

    1885

    (b)

    1887

    (c)

    1991

    (d)

    1987

  6. ________ is Indian domestic open loop card.

    (a)

    visa

    (b)

    Master

    (c)

    Rupay

    (d)

    Mastreo

  7. _______ is used contact less transactions

    (a)

    BIN

    (b)

    UNF

    (c)

    CVC2

    (d)

    UDI

  8. The term that refers to a business that has a physical store; opposite of online Store is

    (a)

    E banking

    (b)

    Brick and mortar

    (c)

    Net Banking

    (d)

    None of these

  9. __________ allow users to make electronic transactions quickly and Securely.

    (a)

    E-banking

    (b)

    Net banking

    (c)

    E-wallets

    (d)

    None of these

  10. ___________ is the activity of buying or selling of commodities through online services or over the Internet.

    (a)

    Mobile Banking

    (b)

    Internet banking

    (c)

    Both A and B

    (d)

    None of these

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