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Financial Technology Quiz 1 MT

Authored by Renz Hector

Instructional Technology

Professional Development

Used 8+ times

Financial Technology Quiz 1 MT
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does FinTech stand for?

Financial Technology

Financial Technicalities

Finance Techniques

Financial Transactions

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT considered a key driver of FinTech growth?

Technological innovation

Regulatory changes

High consumer expectations

Lack of internet access

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When did the first wave of FinTech emerge?

1900s

1950s

1980s

2000s

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which historical milestone is associated with the second wave of FinTech?

Introduction of ATMs

Rise of online banking

Launch of Bitcoin

Creation of credit cards

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role do startups play in the FinTech landscape?

Driving innovation

Maintaining traditional banking systems

Focusing only on large-scale solutions

Limiting competition

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a primary focus area for FinTech companies?

Oil exploration

Retail distribution

Payment solutions

Agricultural technology

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tech giants such as Apple and Google contribute to the FinTech sector by:

Competing with banks

Avoiding financial services

Launching payment platforms

Focusing on offline transactions

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