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12th Standard English Medium Computer Applications Subject Electronic Payment Systems Creative 3 Mark Questions with Solution Part - II

12th Standard

    Reg.No. :
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Computer Applications

Time : 01:00:00 Hrs
Total Marks : 15

    3 Marks

    5 x 3 = 15
  1. What is mean by CVC/CW?

  2. What Is mean by E-cash?

  3. Explain briefly about Electronic Funds Transfer?

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

  5. Define
    (I) Closed Loop
    (II) Open Loop

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