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All about Fintech

Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.

Which year Mobile banking started in India?

a)

2003

b)

2002

c)

2001

d)

2000

2.

One97 communications is a parent to which digital wallet firm? *

a)

RazorPay

b)

Freecharge

c)

Mobikwik

d)

Paytm

3.

GoogleTez operates atop the Unified Payments Interface. Is the statement true or false? *

a)

False

b)

True

4.

Which Bank introduced internet banking in India? *

a)

CitiBank

b)

ICICI Bank

c)

SBI Bank

d)

HDFC Bank

5.

·         What generation is the main user group of FinTech services?

a)

Gen Z

b)

Baby boomers

c)

Millennials

6.

What all are Digital Wallets in India? *

a)

Hike

b)

Freecharge

c)

Paytm

d)

WhatsApp

7.

Which Fintech-Bank collaboration did not happen? *

a)

Bajaj Finserv-Mobikwik

b)

Axis Bank - Freecharge

c)

ICICI Bank - Paytm

d)

HDFC Bank - Hike

8.

Which of the following is LEAST likely an advantage of robo-advisors?

a)

Management fee is much lower than traditional advisors

b)

Regulation on robo-advisors is still in its infancy stage

c)

Minimum account size is low, allowing even the low-income to invest

9.

When was Bitcoin introduced to the world?

a)

2009

b)

1995

c)

2010

d)

2015

10.

Will FinTech play a big part in our future?

4 lines
11.

What is the primary purpose of mobile wallets?

a)

To track expenses

b)

To provide loans

c)

To facilitate online payments

d)

To store physical cash

12.

Which of the following is a popular cryptocurrency besides Bitcoin?

a)

All of the above

b)

Ripple

c)

Litecoin

d)

Ethereum

13.

What is the main advantage of using blockchain technology in finance?

a)

All of the above

b)

Lower transaction fees

c)

Increased transaction speed

d)

Enhanced security and transparency

14.

Which city is considered the fintech hub of Europe?

a)

Berlin

b)

Amsterdam

c)

Paris

d)

London

15.

What is a common characteristic of fintech unicorns?

a)

They are all based in Silicon Valley

b)

They have a valuation of over $1 billion

c)

They only focus on cryptocurrency

d)

They are all publicly traded companies

16.

Which of the following is a key factor in the growth of fintech hubs?

a)

Access to venture capital

b)

Low population density

c)

Limited technology infrastructure

d)

High regulatory barriers