Digital payment refers to the transfer of funds or value between individuals or entities through electronic means, without the use of physical cash. It includes various payment methods such as credit cards, debit cards, mobile wallets, online banking, and cryptocurrency. Digital payment platforms are the online or mobile applications or systems that facilitate these transactions. They provide a secure and convenient way to send and receive money, make purchases, pay bills, and manage finances. Popular digital payment platforms include PayPal, Venmo, Cash App, Apple Pay, Google Wallet, and many more. These platforms have transformed the way people make transactions and have led to the growth of e-commerce and online businesses.
RSCIT iLearn Assessment - डिजिटल भुगतान और प्लेटफार्म with answers.
RSCIT iLearn Assessment - 5 - डिजिटल भुगतान और प्लेटफार्म - के महत्वपूर्ण प्रश्न-उत्तर पढ़ने वाले है, वो भी उत्तर कुंजी (Answer Key) के साथ। डिजिटल भुगतान और प्लेटफार्म के महत्वपूर्ण प्रश्न-उत्तर देखने के लिए नीचे स्क्रॉल करे.
1 A mobile wallet in the context of mobile payment?
A. Storing physical cash
B. Managing contact list
C. Storing and managing digital payment information
D. Providing Internet access
2 IMPS is known for its -
A. Deferred settlement process
B. Real-time and instant fund transfer
C. Batch processing of transaction
D. Weekly transaction limit
3 In mobile payment, what is the role of a mobile POS?
A. Managing mobile phone setting
B. Enabling mobile device to make payment at physical store
C. Mobile network provider customer service centre
D. Mobile app development platform
4 Which of the following is an example of a peer to peer (P2P) Digital payment platform?
A. PayPal
B. Venmo
C. Apple Pay
D. Google Pay
5 Which of the following is a potential risk associated with online banking?
A. Limited accessibility
B. Reduced convenience
C. Fishing attack
D. Lower interest rates
6 What does NEFT 10 for in the context of Electronic fund transfer?
A. National Electronic Fund System
B. National Electronic Fund Transfer
C. Non Exclusive Fund Transfer System
D. National Efficient Fund Transfer
7 What is the primary technology behind mobile payment system like Apple Pay and Google Pay?
A. NFC (Near Field Communication)
B. QR Code
C. Bluetooth
D. RFID (Radio Frequency Identification)
8 What is the primary purpose of a payment gateway in online transaction
A. Storing digital receipt
B. Facilitating communication between banks
C. Converting digital currency to physical cash
D. Sending promotional emails
9 The Internet banking facility is known as-
A. Online SBI
B. Net banking
C. Epay
D. SBI connect
10 Which of the following is true about NFT transaction?
A. They are proceed in real time
B. They have fixed settlement time during the day
C. They are limited to a maximum transaction amount
D. They operate only on Weekday
11 What does the term contactless payment in the context of mobile payment?
A. Paying without using a mobile device
B. Making payments without physical contact with the payment terminal
C. Paying through a contact list in a mobile app
D. Transferring money using Bluetooth technology
12 RTGS is primary used for the transfer of funds in what range?
A. Small transaction up to ₹10,000
B. Medium transition between ₹10,000 and ₹1,00,000
C. Large transaction above ₹2,00,000
D. All transaction regardless of amount
13 What is the purpose of a mobile wallet in the context of mobile payment?
A. Storing physical cash
B. Managing contact lists
C. Storing and managing digital payment information
D. Providing Internet access
14 In RTGS, when is the settlement of funds processed?
A. Hourly
B. Daily
C. Immediately and Individually
D. Weekly
15 In mobile payments, what is the role of the Mobile POS (Point of sale)?
A. Managing mobile phone setting
B. Enabling mobile device to make payment at physical stores
C. Mobile network provider a customer service centre
D. Mobile app development platform
16 What is the purpose of CVV (Card Verification Value) in online credit transaction?
A. Card expiration date
B. Cardholder's name
C. Security code for authentication
D. Card balance information
17 What is the primary purpose of a Phishing attack in the context of online banking?
A. Stealing physical bank cards
B. Gaining unauthorised access to a user's account information
C. Providing financial advice
D. Enhancing online banking features
18 What does SSL/TLS stands for in context of secure online banking connections?
A. Secure Socket Layer/Transport Layer Security
B. Simple Secure Login/Transaction System
C. Systematic Security Layer
D. Safe And Sound Link
19 What does NFC stand for in the context of digital payments?
A. National Finance Corporation
B. Near Field Communication
C. Non-Fungible Currency
D. Network File Control
20 Which of the following is a characteristic of blockchain technology in the context of digital payment?
A. Centralised control
B. High transaction fee
C. Decentralised and secure transaction
D. Limited accessibility
21 Which of the following is a common security feature used in online banking to confirm the identity of user?
A. CAPTCHA
B. Emoji authentication
C. Social media login
D. Geotagging
22 Which digital payment method typically involves scanning QR codes for transaction?
A. Contactless cards
B. Mobile Banking
C. Crypto currency
D. QR code payments
23 Which government-backed digital payment initiative was launched in India to promote cashless transaction?
A. Apple Pay
B. WeChat Pay
C. Alipay
D. Unified Payments Interface (UPI)
24 What is the purpose of a virtual card in online banking?
A. Physical credit card for online purchase
B. A temporary, disposable card number for secure transaction
C. A digital representation of a traditional bank card
D. A card used exclusively for virtual reality transactions