BD EXERCISE 2

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IDA -
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Banking transaction that takes placed in a virtual ambience on the website of a banking company is termed as:
internet banking.
telephone banking.
mobile banking.
modern banking.
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The term PIN refers to Personal Information Number.
True
False
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The Digital Signature Act 1997 was introduced to facilitate existing penal law and specifically deals with crimes that can be committed using computers.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The most common forms of security over land are:
Indemnity.
Charge.
Hypothecation.
Pledge.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
______ is the bailment of goods as security for payment of a debt or performance of a promise.
Charge
Indemnity
Lien
Pledge
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The law governing the contract of guarantee is provided under:
Companies Act 2016.
Consumer Protection Act 1999.
Contracts Act 1950.
Guarantees Act 2009.
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Debentures are unsecured debt instruments that are issued by a corporation and are backed by the pledge of the corporation’s general credit.
True
False
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