
FIntech
Quiz
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Professional Development
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University
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Practice Problem
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Medium
Madanant Naik
Used 2+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is fintech short for?
Financial technology
Financial techniques
Financial transactions
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT an area of fintech?
Payments
Healthcare
Lending
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a common use of blockchain technology in fintech?
Social media integration
Cryptocurrency transactions
Data storage
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a benefit of using robo-advisors?
Higher fees
Personalized investment advice
24/7 availability
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does the term 'peer-to-peer lending' refer to?
Direct lending between individuals
Borrowing from banks
Investing in stocks
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is one of the main advantages of using mobile payment apps?
Limited accessibility
Convenience and speed
Increased transaction fees
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following technologies is commonly associated with fintech?
Traditional banking
Television broadcasting
Artificial Intelligence
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