E-Money

What is the full form of QR?

• Quick Response

• Quick Redemption

• Quick Redeem

• Quick Responsibility

True/False

Internet Banking can't be called net-banking or online banking.

• True

• False

Which of the following are possible answers for the following statement

QR Code is a ______ and _______ payment method.

• Fast and Easy

• Slow but, Easy

• safe and secure

• fast and difficult

Which of the following is important for Internet Banking?

• Toys

• Paper Money

• Internet

• Metal Coins

Which of the following is not required for UPI payments?

• UPI ID

• UPI Pin

• UPI Account

• Plastic Card

True/False

We can't deposit cheques through internet banking.

• True

• False

We ________ pay all kinds of bills like, electricity bills etc.

(can/cannot)

Which of the following can be used to do payments through E-Money?

• Paytm

• BHIM

• PhonePe

• MobiKwik

True/False

UPI payments can be done by any E-commerce app.

• True

• False

_______________ payment method necessarily needs Internet