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12th Standard Computer Applications English Medium -Electronic Payment Systems 1 Mark Creative Question Paper and Answer Key 2022 - 2023 Study Materials Sep-19 , 2022

QB365 provides a detailed and simple solution for every Possible Creative Questions in Class 12 Computer Applications Subject -Electronic Payment Systems, English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.

12th Standard Computer Applications English Medium -Electronic Payment Systems 1 Mark Creative Question Paper and Answer Key 2022 - 2023

Electronic Payment Systems 1 Mark Creative Question Paper With Answer Key

12th Standard

    Reg.No. :
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Computer Applications

Time : 00:20:00 Hrs
Total Marks : 15

    Multiple Choice Question

    15 x 1 = 15

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

    (a)

    mobile Banking

    (b)

    Internet Banking

    (c)

    E-Banking

    (d)

    payment system

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

    (a)

    1885

    (b)

    1887

    (c)

    1991

    (d)

    1987

  3. The term credit card was coined by _________.

    (a)

    Edward Bellamy

    (b)

    Netin

    (c)

    Flemmin

    (d)

    Robert Lake

  4. ________ is Indian domestic open loop card.

    (a)

    visa

    (b)

    Master

    (c)

    Rupay

    (d)

    Mastreo

  5. Rupay was launched in

    (a)

    2012

    (b)

    2005

    (c)

    2017

    (d)

    2019

  6. _______ is used contact less transactions

    (a)

    BIN

    (b)

    UNF

    (c)

    CVC2

    (d)

    UDI

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

    (a)

    BINJ

    (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. __________ 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

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

    (a)

    E-banking

    (b)

    Net banking

    (c)

    E-wallets

    (d)

    None of these

  11. ________ 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

  12. ___________ 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

  13. A financial arrangement that consists an intermediator to facilitate transfer of money - substitute between a payer and a receiver is _________.

    (a)

    E-Commerce

    (b)

    Intermediater

    (c)

    Electronic Payment System

    (d)

    E-Intermediator

  14. Pick the odd one about Electronic Payment System is also called?

    (a)

    Liquidation

    (b)

    Clearing System

    (c)

    Clearing Service

    (d)

    Money Monetary Systems

  15. What is also called liquidation clearing system (or) clearing service?

    (a)

    EPS

    (b)

    FPS

    (c)

    GPS

    (d)

    TPS

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