FinTech Quiz

Which country boasts the highest consumer FinTech adoption rate globally?

• China

• India

• United States

• United Kingdom

What is the term for using smartphones to make contactless payments?

• NFC

• QR code

• POS terminal

• ATM transactions

In which year did the first internet banking service become available in India? And which bank offered it?

• 2005 - Citibank

• 2000 - HDFC Bank

• 2002 - SBI

• 1996 - ICICI Bank

What does "API" stand for in the context of Fintech:

• Application Programming Interface

• Automated Platform Integration

• Artificial Programming Interface

• Advanced Payment Infrastructure

What popular mobile payment platform allows users to send and receive money using their smartphones:

• PayPal

• Google Pay

• Apple Pay

• All of the above

What term refers to the use of blockchain technology in financial transactions:

• Cryptocurrency

• Smart contracts

• Decentralised finance (DeFi)

• All of the above

Which of the following banks was the first to introduce an ATM in India?

• State Bank of India (SBI)

• Hong Kong and Shanghai Banking Corporation (HSBC)

• ICICI Bank

• Axis Bank

When did mobile banking first become available in India?

• 2002

• 2000

• 2005

• 2008

Which of the following is NOT a common application of Fintech?

• Online Banking

• Cryptocurrency Trading

• Agriculture Techniques

• Robo-Advisors

Which technology is often used for secure authentication in Fintech applications?

• Blockchain

• Artificial Intelligence

• Biometrics

• Virtual Reality