Digital Financial Tools and Applications Set-2

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Instruction:-

  • Number of Questions : 25
  • Total Marks : 25
  • Each question carry 1 Marks.
  • No negative marking

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    #1. Which of these is NOT a feature of a digital signature?

    #2. What does AEPS stand for in banking services?

    #3. Which of the following acts regulates digital transactions in India?

    #4. Which method is used by DigiLocker to ensure document authenticity?

    #5. Which of the following can be used for contactless digital payments?

    #6. Which of the following is used for biometric verification in AEPS?

    #7. Which app integrates multiple bank accounts into a single mobile platform using UPI?

    #8. Which component of a digital transaction ensures encryption during online payments?

    #9. Which type of payment system does not require an internet connection to complete transactions?

    #10. Which digital platform is primarily used by government departments to disburse subsidies directly to beneficiaries?

    #11. The 16-digit number on a debit card is called the:

    #12. Which of these services allows real-time bill payment and recharge through Bharat BillPay?

    #13. The maximum limit of cash withdrawal at POS terminals using a debit card (as per RBI):

    #14. What is the function of an IFSC code in online banking?

    #15. Which government platform provides a dashboard for viewing digital payments data across India?

    #16. What is the primary benefit of digital financial services?

    #17. Which of the following is NOT a common digital financial tool?

    #18. What does “FinTech” primarily refer to?

    #19. What is the purpose of an OTP in digital transactions?

    #20. Which of these is a popular example of an e-wallet?

    #21. NEFT and RTGS are primarily used for:

    #22. A QR code is primarily used for:

    #23. POS stands for:

    #24. Which of the following is a common security measure in online banking?

    #25. What is “phishing” in the context of digital finance?

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