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Computer Applications in Banking and Finance Quiz

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is the primary function of a computer?

a)

To store data permanently

b)

To make work easier and faster

c)

To create physical documents

d)

To replace human workers

2.

Which of the following is NOT a part of computer hardware?

a)

CPU

b)

Monitor

c)

Operating System

d)

Keyboard

3.

What type of computer processes data represented by continuous values?

a)

Digital Computer

b)

Hybrid Computer

c)

Analog Computer

d)

Super Computer

4.

Which generation of computers introduced microprocessors?

a)

First Generation

b)

Second Generation

c)

Third Generation

d)

Fourth Generation

5.

What is a disadvantage of using computers?

a)

Increased accuracy

b)

Time-saving

c)

Support for learning

d)

Virus and hacking attacks

6.

Which of the following is an application of computers in hospitals?

a)

Online banking

b)

Patient record management

c)

Social media access

d)

Gaming

7.

What is the purpose of an Automated Teller Machine (ATM)?

a)

To provide online shopping

b)

To analyze market trends

c)

To allow cash withdrawals and deposits

d)

To manage bank accounts

8.

Which of the following is a method of combating storage attacks?

a)

Using weak passwords

b)

Ignoring software updates

c)

Avoiding encryption

d)

Regularly backing up data

9.

What is the role of chatbots in banking?

a)

To replace bank tellers

b)

To manage bank accounts manually

c)

To respond to customer issues

d)

To perform physical transactions

10.

Which type of computer is designed for personal use?

a)

Mainframe Computer

b)

Super Computer

c)

Micro Computer

d)

Hybrid Computer

11.

What is a key feature of digital wallets?

a)

Paper-based receipts

b)

Physical cash storage

c)

Secure online payment processing

d)

Manual transaction recording

12.

What does encryption do?

a)

Increases data size

b)

Converts information into unintelligible text

c)

Stores data in physical form

d)

Makes data accessible to everyone

13.

Which of the following is a characteristic of a supercomputer?

a)

Limited to simple calculations

b)

Designed for personal use

c)

Uses vacuum tubes

d)

Operates at very high speed

14.

What is a common consequence of computer misuse?

a)

Job creation

b)

Enhanced learning

c)

Increased productivity

d)

Time wastage and lack of productivity

15.

What is the main purpose of access control in storage?

a)

To allow everyone access to data

b)

To verify user identities and control access levels

c)

To eliminate the need for passwords

d)

To increase data storage capacity