Banking Applications Quiz

What is the purpose of Electronic Fund Transfer (EFT)?

• To transfer money from one account to another

• To withdraw cash from an ATM

• To deposit cash into a bank account

• To exchange foreign currency

What is the advantage of using online booking systems?

• Speeds up the booking process

• Requires physical presence at the booking location

• Increases the cost of booking

• Provides limited availability of tickets

What data can be found on a debit card?

• Sort code

• PIN

• Debit card number

• Valid from

What is the role of a microprocessor in controlling a flood defense system?

• To compare sensor readings to pre-set values

• To lift heavy items in a factory

• To process credit/debit card transactions

• To generate exam timetables

What is the advantage of using robots in manufacturing?

• Increased productivity

• Higher printing costs

• Decreased consistency

• Limited working hours

What is the purpose of a school management system?

• To track learner registration and attendance

• To process credit/debit card transactions

• To generate exam timetables

• To control flood defense systems

What is the advantage of using computer models in manufacturing?

• To save costs and time by testing a system before building it

• To increase the risk of errors in production

• To reduce overall running costs

• To decrease productivity

What is the process involved in booking flight tickets online?

• Select requirements, check availability, confirm ticket, enter payment details

• Enter payment details, check availability, select requirements, confirm ticket

• Confirm ticket, enter payment details, select requirements, check availability

• Check availability, select requirements, enter payment details, confirm ticket

What is the purpose of contactless debit cards?

• To make faster transactions

• To increase the risk of fraud

• To require physical contact with the card reader

• To limit the amount of money that can be withdrawn

What is the role of a microprocessor in stopping a robot in a workplace?

• To compare sensor readings to pre-set values

• To lift heavy items in a factory

• To process credit/debit card transactions

• To generate exam timetables