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Electronic Payment Systems Model Question Paper 1

12th Standard

    Reg.No. :
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Computer Applications

Time : 01:00:00 Hrs
Total Marks : 50
    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. 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

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

    (a)

    1885

    (b)

    1887

    (c)

    1991

    (d)

    1987

  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 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

  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 credit card payment system?

  10. What is Bitcoin?

  11. What is mean by point of sale?

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

  14. Write a note on mining in cryptocurrency

  15. What are the two types of payment system?

  16. What is Smart card?

  17. What are the two methods of Real-time gross settlement transactions.

  18. 4 x 5 = 20
  19. Briefly explain Electronic Account transfer and its types

  20. Explain in detail : Unified payments interface

  21. Explain In detail about Credit card Number.

  22. Explain the advantages of UPI?

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