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Worksheets

Technology

Total questions: 20

Worksheet time: 6mins

Name
Class
Date
1.

Which ONE of these sectors has been impacted the MOST by FinTech innovation in the last 5 years?

a)

Retail banking

b)

Lending

c)

  Payments

d)

  Capital markets (Sales & Trading, Investment banking)

2.

Which ONE sector within financial services has the most FinTech Unicorns worldwide?

a)

Lending

b)

Retail Banking

c)

Payments

d)

Insurance

3.

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

a)

True

b)

False

4.

Which Bank introduced internet banking in India?

a)

CitiBank

b)

HDFC Bank

c)

SBI Bank

d)

ICICI Bank

5.

Which year Mobile banking started in India?

a)

2001

b)

2003

c)

2002

d)

2000

6.

Which Bank introduced ATM in India?

a)

ICICI Bank

b)

Central Bank

c)

Standard Chartered Bank

d)

HSBC Bank

7.

Which Fintech-Bank collaboration did not happen?

a)

Bajaj Finserv-Mobikwik

b)

Axis Bank – Freecharge

c)

HDFC Bank – Hike

d)

None Of The Above

8.

Aadhaar Pay is a biometric-based payment system in India. Is the statement true or false?

a)

True

b)

False

9.

What is the biggest Fintech transaction segment ?

a)

Personal Finance

b)

Alternative Lending

c)

Digital Payment

d)

Alternative Financing

10.

Credit money is created by the central bank of a country.

a)

TRUE

b)

FALSE

11.

Regtech is a vertical of Fintech. Is the above statement correct?

a)

TRUE

b)

FALSE

12.

Which one is not a digital payment firm?

a)

ZuPay

b)

Trupay

c)

Razorpay

d)

PaySay

13.

Which of the following lenders have the highest share of personal loan balances?

a)

Bank

b)

FinTech

c)

Credit Unions

d)

Parents

14.

What kind of Tax is GST?

a)

Direct Tax

b)

Indirect Tax

c)

Depends on the type of goods and services

d)

None of the above

15.

Banks in India these days hold about _________ of their deposits as cash.

a)

25%

b)

20%

c)

15%

d)

5%

16.

Which Indian currency note has security thread?

a)

Rs.50/-

b)

Rs.100/-

c)

Rs.200/-

d)

All Of The Above

17.

The concept of Goods And Services Tax (GST) is originated in……

a)

Canada

b)

US

c)

Britain

d)

Germany

18.

Which of the following Private Bank has recently announced the start of its integration with ‘payments on WhatsApp’ to enable simple and secure FASTags recharge for the Bank’s customers?

a)

IndusInd Bank

b)

IDFC First Bank

c)

HDFC Bank

d)

Kotak Mahindra Bank

19.

What is the limit per borrower in MSME's for clarification of priority sector Lending?

a)

10 Lakh

b)

2 Crore

c)

5 Crore

d)

No Limit

20.

Which Bank has recently inked a pact with the Government of Haryana towards the distribution of mobile phones to consumers through an e-unified payment interface system?

a)

Indian Bank

b)

State Bank of India

c)

Canara Bank

d)

Bank of India