Based on the monetary value e payment system can be classified into

(a)

Mirco and Macro

(b)

Micro and Nano

(c)

Maximum and Minimum

(d)

Maximum and Macro

Which of the following is true about Virtual payment address (VPA)?

(a)

Customers can use their e-mail id as VPA

(b)

VPA does not includes numbers

(c)

VPA is a unique ID

(d)

Multiple bank accounts cannot have single VPA

Which of the following is true about debit card
i. debit cards cannot be used in ATMs
ii. debit cards cannot be used in online transactions
iii. debit cards do not need bank accounts
iv. debit cards and credit cards are identical in physical properties

(a)

i, ii, iii

(b)

ii, iii, iv

(c)

iii alone

(d)

iv alone

________ is an essential part of a company's financial operations.

(a)

mobile Banking

(b)

Internet Banking

(c)

E-Banking

(d)

payment system

The term credit card was coined by _________.

(a)

Edward Bellamy

(b)

Netin

(c)

Flemmin

(d)

Robert Lake

Rupay was launched in

(a)

2012

(b)

2005

(c)

2017

(d)

2019

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

(a)

BINJ

(b)

UNF

(c)

CVC2

(d)

UDI

__________ is a type of fraud where same cryptocurrency is spent in more than one transactions.

(a)

booting

(b)

Interpreting

(c)

Double spend

(d)

None of these

________ 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