WorksheetsMidterm Review on Fintech
Total questions: 16
Worksheet time: 8mins
Digital wallets such as PayPal, Alipay, or Apple Pay are used to
Record manual accounting entries
Replace bank branches entirely
Store physical cash
Make and receive electronic payments
Which of the following is an example of Fintech?
Paper-based cheque system
Ledger books
Mobile banking app
ATM cash withdrawal
Which term describes the permanent, tamper-resistant record used in blockchain?
Spreadsheet
Database
Ledger
Scroll
Which organization type benefits most from microfinance Fintech platforms?
Large multinational banks
Small entrepreneurs in developing regions
Government ministries
Luxury retail stores
Which of the following is an example of a cryptocurrency?
Swift code
Bitcoin
Banknote
Visa card
Which Fintech innovation allows small businesses to accept card payments via smartphone attachments?
Printed invoices
Point-of-Sale
QR codes
ATM kiosks
Which of the following is a common feature of digital banking?
Paper cheque clearing
Mobile money transfers
Cash deposits without any machine
Face-to-face teller transactions only
Which industry has already widely adopted blockchain for faster and cheaper services?
Finance
Agriculture
Tourism
Education
If Cambodia invests in faster internet connections nationwide, which digital foundation is being developed?
Digital connectivity infrastructure
Digital government
Digital citizen development
E-commerce platforms
In Fintech, “KYC” is an important compliance process. What does it mean?
Keep Your Cash
Key Your Code
Know Your Customer
Keep Your Card
If a farmer sells mangoes online through Facebook Marketplace, what type of digital economy activity is this?
Non-digital economy
IT-Intensive Services
High Digital Goods and Services
Mixed Digital Goods and Services
Which of these is the negative social impact of digital transformation?
Loss of personal data privacy
Faster communication
More efficient services
Improved access to markets
If two students split lunch bill by transferring money instantly via Bakong, this demonstrates:
Credit extension
Cross-border payment
Peer-to-peer transfer
Loan repayment
What does financial inclusion mean?
Everyone has access to affordable financial services
Only rich people can access banking
Farmers avoid financial services
Only businesses can use banks
A small shop owner in Phnom Penh accepts online orders but insists on cash payments. Which barrier to digital transformation does this represent?
Lack of digital infrastructure
Cybersecurity risk
Resistance to e-payment systems
Low digital literacy
Which feature of blockchain ensures that no single authority controls the system?
Smart contracts
Decentralization
Intermediation
Centralization
