Quiz 1

What is the most common type of bill?

• Utility Bill

• Credit card Bill

• Rent

• Phone bill

What is a payment plan?

• An agreement to pay a bill over time in installments

• A fee charged for paying a bill in installments

• A fee charged for setting up a direct debit

• A fee charged for canceling a service

Which of the following is required to initiate a UPI transaction?

• Bank Account Number and IFSC Code

• Mobile Number and OTP (One-Time Password)

• Credit Card Number and CVV

• Aadhaar Number and Biometric Verification

What Does the word "Fintech" Stand for

• Financial Technologies

• Financial Tactics

• Financial Transactions

• Financial Textbooks

What has a thumb and four fingers but isn't alive

Which of the following bills can typically be paid using the Automatic Bill Payment (ABP) feature offered by banks?

• Credit Card Bill

• Internet Service Bill

• Rent Payment

• Mortgage Payment

The more you take, the more you leave behind

What do you call a payment made in advance for a service that will be used in the future?

• Down payment

• Installment

• Gratuity

• Surcharge

I am not alive, but I can move, grow, and reproduce. What am I?

What does UPI stand for

• User Payments Interface

• Unified Payments Interface

• Utility Payments Interface

• Unique Payment Interface