TN State Board Samacheer Kalvi Online Test for 11th Std - Computer Applications - English - Electronic Payment Systems

Question 1 Of 10

Assertion (A): An Electronic payment system is a financial arrangement
Reason(R): K consists of an intermediator to facilitate the transfer of money-substitute between a payer and a receiver.

Both (A) and (R) are correct and (R) is the correct explanation of (A) Both (A) and (R) are correct, but (R) is not the correct explanation of (A) (A) is true and (R) is false (A) is false and (R) is true

Question 2 Of 10

Assertion (A): EMV chip is an integrated chip in addition to magnetic stripe to store cardholder’s information
Reason(R): CVC2 is used in contact transactions.

Both (A) and (R) are correct and (R) is the correct explanation of (A) Both (A) and (R) are correct, but (R) is not the correct explanation of (A) (A) is true and (R) is false (A) is false and (R) is true

Question 3 Of 10

Pick the odd one in the credit card transaction

card holder merchant marketing manager acquirer

Question 4 Of 10

Assertion (A): Microelectronic Payment Systems is an online payment system designed to allow efficient and frequent payments of small amounts.
Reason(R): A payment system is an essential part of a company’s financial operations.

Both (A) and (R) are correct and (R) is the correct explanation of (A) Both (A) and (R) are correct, but (R) is not the correct explanation of (A) (A) is true and (R) is false (A) is false and (R) is true

Question 5 Of 10

Which of the following is correctly matched?

Credit Cards – pay before Debit Cards – pay now Stored Value Card – pay later Smart card – pay anytime

Question 6 Of 10

Assertion (A): Micro electronic payment systems support higher value payments.

Both (A) and (R) are correct and (R) is the cor-rect explanation of (A) Both (A) and (R) are correct, but (R) is not the correct explanation of (A) (A) is true and (R) is false (A) is false and (R) is true

Question 7 Of 10

An electronic payment system is also called as …………………….

liquidation clearing system clearing services all of these

Question 8 Of 10

Assertion (A): Credit card Allows purchases over the Internet installments.
Reason(R): credit cards are not accepted worldwide.

Both (A) and (R) are correct and (R) is the correct explanation of (A) Both (A) and (R) are correct, but (R) is not the correct explanation of (A) (A) is true and (R) is false (A) is false and (R) is true

Question 9 Of 10

Rupaywas launched in

2012 2005 2017 2019

Question 10 Of 10

ECS stands for

Electronic Clearing Services Electronic Cloning Services Electronic Clearing Station Electronic Cloning Station

Tamil Nadu State Board ( Samacheer Kalvi ) Online Test based on Book Back Questions - 11th Standard Computer Applications - English Medium - Electronic Payment Systems

Samacheer Kalvi 11th Computer Applications - Electronic Payment Systems - Book Back Questions in English Medium

Question 1 Of 10

Assertion (A): An Electronic payment system is a financial arrangement
Reason(R): K consists of an intermediator to facilitate the transfer of money-substitute between a payer and a receiver.

Question 2 Of 10

Assertion (A): EMV chip is an integrated chip in addition to magnetic stripe to store cardholder’s information
Reason(R): CVC2 is used in contact transactions.

Question 3 Of 10

Pick the odd one in the credit card transaction

Question 4 Of 10

Assertion (A): Microelectronic Payment Systems is an online payment system designed to allow efficient and frequent payments of small amounts.
Reason(R): A payment system is an essential part of a company’s financial operations.

Question 5 Of 10

Which of the following is correctly matched?

Question 6 Of 10

Assertion (A): Micro electronic payment systems support higher value payments.

Question 7 Of 10

An electronic payment system is also called as …………………….

Question 8 Of 10

Assertion (A): Credit card Allows purchases over the Internet installments.
Reason(R): credit cards are not accepted worldwide.

Question 9 Of 10

Rupaywas launched in

Question 10 Of 10

ECS stands for

Tags

Tamil Nadu State Board ( Samacheer Kalvi ) Online Test based on Book Back Questions - 11th Standard Computer Applications - English Medium - Electronic Payment Systems

Samacheer Kalvi 11th Computer Applications - Electronic Payment Systems - Book Back Questions in English Medium

Question 1 Of 10

Assertion (A): An Electronic payment system is a financial arrangement Reason(R): K consists of an intermediator to facilitate the transfer of money-substitute between a payer and a receiver.

Question 2 Of 10

Assertion (A): EMV chip is an integrated chip in addition to magnetic stripe to store cardholder’s information Reason(R): CVC2 is used in contact transactions.

Question 3 Of 10

Pick the odd one in the credit card transaction

Question 4 Of 10

Assertion (A): Microelectronic Payment Systems is an online payment system designed to allow efficient and frequent payments of small amounts. Reason(R): A payment system is an essential part of a company’s financial operations.

Question 5 Of 10

Which of the following is correctly matched?

Question 6 Of 10

Assertion (A): Micro electronic payment systems support higher value payments.

Question 7 Of 10

An electronic payment system is also called as …………………….

Question 8 Of 10

Assertion (A): Credit card Allows purchases over the Internet installments. Reason(R): credit cards are not accepted worldwide.

Question 9 Of 10

Rupaywas launched in

Question 10 Of 10

ECS stands for

Tags

Assertion (A): An Electronic payment system is a financial arrangement
Reason(R): K consists of an intermediator to facilitate the transfer of money-substitute between a payer and a receiver.

Assertion (A): EMV chip is an integrated chip in addition to magnetic stripe to store cardholder’s information
Reason(R): CVC2 is used in contact transactions.

Assertion (A): Microelectronic Payment Systems is an online payment system designed to allow efficient and frequent payments of small amounts.
Reason(R): A payment system is an essential part of a company’s financial operations.

Assertion (A): Credit card Allows purchases over the Internet installments.
Reason(R): credit cards are not accepted worldwide.