Grade 5 Technology

Which year was Paytm founded?

• 2009

  
  

• 2010

• 2011

• 2012

What is the aim of Paytm in India?

• Make India digital

  
  

• Financial literacy

  
  

• Stop the use of coins and notes

  
  

• All of the above

  
  

Who is the founder of Paytm?

• Rahul Sharma

  
  

• Vijay Maliya

  
  

• Vijay Sharma

  
  

• Sachin Tendulkar

  
  

Which financial services can be accessed through the Paytm app?

• Bill payment

  
  

• Buy a new house

• Buy a new car

• All of the above

 Identify the qualities that helped Vijay Shekhar Sharma to achieve his goal? 

• Lack of self confidence

  
  

• Lack of communication skills

  
  

• Lack of self belief

  
  

• Perseverance

What is the innovation that made coins easier to produce?

• Printing press

• Metalworking

  
  

• Computer chip

  
  

• Paper coin

  
  

Which of the following is an example of electronic money?

• Checks

  
  

• Gold coins

• Digital wallets

  
  

• barter system

  
  

What is the innovation that allows people to make payments through smartphones?

•  QR codes

  
  

• Piggy banks

  
  

• Pocket calculators

• barter system

  
  

What material were the earliest known coins made of?

• Copper 

  
  

• Gold

• Silver

• All of the above

  
  

What initiative was introduced in India to promote digital transactions?

• 1. Banking Regulation Act

• 1. Unified Payments Interface (UPI)

• 1. Paper currency Act

• 1. Reserve Bank of India Act