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WorksheetsGovt. Initiatives
Total questions: 15
Worksheet time: 8mins
Name
Class
Date
1.
What is the professed role of Digital India Programme?
a)
Faceless, Cashless & Paperless
b)
Hassel free, Cashless & Paperless
c)
Faceless, Cashless & Digital
d)
None of the above
2.
What is the Vision of Digital India Programme?
a)
To provide the citizens of India seamless digital payments
b)
To provide the citizens of India seamless mobile payments
c)
To provide the citizens of India seamless online payments
d)
All of the above
3.
Digital Payment system which was the vision of Digital India, shall have the following qualities.
a)
Convenient, easy and affordable
b)
Quick and secured
c)
Both first and second option
d)
Either first or second option
4.
Which Ministry of Government of India is entrusted with the responsibility of promoting the financial transactions digitally?
a)
Ministry of Finance (MoF)
b)
Ministry of Banking (MoB)
c)
Ministry of Information Technology (MoIT)
d)
Ministry of Electronics & Information Technology (MeitY)
5.
A promotional scheme of Government of India will provide 0.5 % incentive on transaction amount for retailers, who accept digital payments based on biometric authentication. What is the name of the scheme?
a)
BHIM-Cashback Scheme for merchants
b)
BHIM-Referral Bonus Scheme for merchants
c)
BHIM-Aadhaar Promotional Scheme
d)
All of the above
6.
A promotional scheme of Government of India will provide 0.5 % incentive on transaction amount for retailers, who accept digital payments based on biometric authentication. What is the maximum amount of each transaction to be eligible for incentive?
a)
Rs,1,000/-
b)
Rs.2,000/-
c)
Rs.3,000/-
d)
Rs.5,000/-
7.
If a retail merchant generates minimum 50 transactions through BHIM app, he will be getting incentive of maximum Rs.1000/- per calendar month. What is the name of the scheme?
a)
BHIM-Cashback Scheme for merchants
b)
BHIM-Referral Bonus Scheme for merchants
c)
BHIM-Aadhaar Promotional Scheme
d)
All of the above
8.
Digital Jagriti programme of Government of India, is conducted by Common Service Centre. What is the purpose of Digital Jagriti?
a)
Increasing Digital Transactions
b)
Creating Awareness for Digital Financial Inclusion and Access
c)
Creating Awareness about various forms of electronic payments
d)
Developing Apps for Digital Transactions
9.
DigiShala – free educational channel in English, Hindi and other regional languages is conducted through Doordarshan an initiative of Government of India. What is the purpose of DigiShala?
a)
Increasing Digital Transactions
b)
Creating Awareness for Digital Financial Inclusion and Access
c)
Creating Awareness about various forms of electronic payments
d)
Developing Apps for Digital Transactions
10.
What is the Income Tax assessment rules on turnover basis upto Rs.2 crores?
a)
8% on cash Turnover
b)
6% on digital Turnover
c)
Both First and Second Options are correct
d)
Neither of First or Second option is correct.
11.
RBI has relaxed norms on Additional Factor Authentication for certain digital payments upto Rs.2000 per transaction. What is the effect of this?
a)
It will be applicable to Card Present Cases
b)
It will be applicable to only Contactless Cards
c)
Both first and the second options are correct
d)
Neither the First nor the Second option is correct.
12.
RBI has relaxed norms on Additional Factor Authentication for certain digital payments upto Rs.2000 per transaction. What is the effect of this?
a)
It will be applicable to ATM transactions
b)
It will be applicable to POS transactions
c)
It will be applicable to POS transactions where NFC is enabled
d)
None of the above
13.
Oil Marketing companies are offering incentives for those who are using various digital payment systems. Who are the beneficiaries?
a)
The consumers & Merchants
b)
Consumers
c)
Consumers and the Acquirers
d)
None of the above
14.
RBI has revised the criteria for categorisation of merchants for charging different MDRs. What is the basis of categorisation?
a)
Annual Turnover
b)
Annual Profit
c)
Annual Number of Transactions
d)
Both Second and Third options are correct
15.
To encourage digital payments, all the government departments have to make e-payments to suppliers for bills above for Rs.5,000/-. Which Ministry has been made responsible to monitor progress in this field?
a)
Ministry of Finance (MoF)
b)
Ministry of Electronics and Information Technology (MeitY)
c)
Reserve Bank of India,(RBI)
d)
None of the above
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