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Fintech - Interactive Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.
  • UPI stands for

a)

Unified Payments Interface

b)

Universal Payments Interface

c)

Unified Payments Index

d)

Unified Portal Interface

2.

It is mandatory to integrate UPI to your bank account number

a)

True

b)

False

3.

Which company was the first in India to launch a UPI-based app?

a)

Paytm

b)

Phonepe

c)

Google Pay

d)

BHIM

4.

In FinTech, what does a “robo-advisor” do

a)

Repairs ATMs

b)

Gives investment advice automatically

c)

Fixes app bugs

d)

Teaches online banking

5.

Digital wallets can only store money, not loyalty points or coupons.

a)

True

b)

False

6.

In cybersecurity, MFA stands for

a)

Multi-Factor Authentication

b)

Multi-Financial Analysis

c)

Money Flow Automation

d)

Market Fraud Assessment

7.

Which Indian app is specifically designed for UPI payments by the government?

a)
Paytm
b)
PhonePe
c)
Google Pay
d)
BHIM
8.

Technology that is commonly associated with FinTech

a)

Data Mining

b)

Artificial Intelligence

c)

Cloud Computing

d)

Blockchain

9.

Cryptocurrency is always issued by central banks.

a)

True

b)

False

10.

UPI in India was launched in which year

a)

1999

b)

2015

c)

2016

d)

2017