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Computer MCQ

5. INTRODUCTION TO M-COMMERCE · Gujarat Board (GSEB) STD 12 Commerce (GSEB - English Medium). 509 questions.

Questions · Page 2 of 11

MCQ

MCQ 511 Mark
Which of the following is a kind of payment card that transfers fund directly from the consumer’s bank to the merchant?
  • A
    Credit card
  • ✓
    Debit card
  • C
    Smart card
  • D
    All of these
Answer
Correct option: B.
Debit card
Debit card
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MCQ 521 Mark
Which of the following is the limit of the credit card?
  • A
    Customers tend to overspend using credit cards
  • B
    Problems arise in case credit cards are lost or stolen.
  • ✓
    a and b both
  • D
    None of these
Answer
Correct option: C.
a and b both
a and b both
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MCQ 531 Mark
Which of the following is the limit of the credit card?
  • A
    They are unsuitable for very small or very large payments.
  • B
    It cannot be used for excessively large transactions.
  • ✓
    a and b both
  • D
    None of these
Answer
Correct option: C.
a and b both
a and b both
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MCQ 541 Mark
Which of the following is an advantage of credit card?
  • A
    Customers do not carry lot of cash.
  • B
    Customer can pay both online and offline.
  • C
    Allows customer to purchase goods even when they do not have the cash available in the bank account and keeps record of the customer’s purchase through the bank statement.
  • ✓
    All of these
Answer
Correct option: D.
All of these
All of these
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MCQ 551 Mark
What do major credit card companies use to secure online transactions?
  • ✓
    SET
  • B
    CAT
  • C
    TAT
  • D
    SSL
Answer
Correct option: A.
SET
SET
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MCQ 561 Mark
Within which time period does the customer need to pay bill which is sent by the issuing bank?
  • ✓
    Within the billing period
  • B
    Any time
  • C
    Within a month
  • D
    Within an year
Answer
Correct option: A.
Within the billing period
Within the billing period
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MCQ 571 Mark
Which bank sends bill to the customer including all the charges?
  • A
    Merchant bank
  • ✓
    Issuing bank
  • C
    Web bank
  • D
    Acquiring bank
Answer
Correct option: B.
Issuing bank
Issuing bank
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MCQ 581 Mark
Who credits the amount to the merchant’s account?
  • ✓
    Acquiring bank
  • B
    Web bank
  • C
    Issuing bank
  • D
    Merchant bank
Answer
Correct option: A.
Acquiring bank
Acquiring bank
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MCQ 591 Mark
What is the bank known as where the merchant has an account?
  • A
    Merchant bank
  • B
    Issuing bank
  • C
    Web bank
  • ✓
    Acquiring bank
Answer
Correct option: D.
Acquiring bank
Acquiring bank
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MCQ 601 Mark
To which bank does the processor send the payment details of the customer?
  • A
    Web bank
  • B
    Acquiring bank
  • C
    Issuing bank
  • ✓
    a and b both
Answer
Correct option: D.
a and b both
a and b both
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MCQ 611 Mark
Where does merchant send the transaction request with all the details?
  • ✓
    Processor
  • B
    Payment gateway
  • C
    Preprocessor
  • D
    Online gateway
Answer
Correct option: A.
Processor
Processor
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MCQ 621 Mark
In which of the following steps the amount is transferred from the customer’s account to the merchant’s account?
  • A
    Authorization
  • ✓
    Settlement
  • C
    Acceptance
  • D
    Perfection
Answer
Correct option: B.
Settlement
Settlement
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MCQ 631 Mark
Which is the next step if the merchant accepts the transaction?
  • A
    Authorization
  • ✓
    Settlement
  • C
    Acceptance
  • D
    Perfection
Answer
Correct option: B.
Settlement
Settlement
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MCQ 641 Mark
Where does issuing bank send the status of verification (transaction result like accepted or rejected) after verification?
  • A
    Processor
  • B
    Preprocessor
  • ✓
    Payment gateway
  • D
    Online gateway
Answer
Correct option: C.
Payment gateway
Payment gateway
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MCQ 651 Mark
To which bank does the processor send the information which is passed from payment gateway?
  • ✓
    Issuing bank
  • B
    Acquiring bank
  • C
    Web bank
  • D
    Merchant’s bank
Answer
Correct option: A.
Issuing bank
Issuing bank
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MCQ 661 Mark
Where does payment gateway pass the details and transaction information of credit card?
  • ✓
    Processor
  • B
    Preprocessor
  • C
    Merchant
  • D
    Online gateway
Answer
Correct option: A.
Processor
Processor
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MCQ 671 Mark
Where is the credit card information transferred by the website which is provided by the customer at the checkout time?
  • ✓
    Payment gateway
  • B
    Processor
  • C
    Web processor
  • D
    Merchant
Answer
Correct option: A.
Payment gateway
Payment gateway
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MCQ 681 Mark
In which parts is the online payment through credit card on internet is divided?
  • ✓
    Authorization, Settlement
  • B
    Registration,
  • C
    Registration, Honesty
  • D
    Credit card limitation.
Answer
Correct option: A.
Authorization, Settlement
Authorization, Settlement
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MCQ 691 Mark
In how many parts is the online payment through credit card on internet is divided?
  • A
    1
  • B
    3
  • ✓
    2
  • D
    4
Answer
Correct option: C.
2
2
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MCQ 701 Mark
Which of the following are data centers which perform the credit card transactions and settle funds to the merchant?
  • A
    Payment gateway
  • ✓
    Processor
  • C
    EDT
  • D
    Web processor
Answer
Correct option: B.
Processor
Processor
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MCQ 711 Mark
Which of the following connects networks of all the parties involved and enables to perform authorization and payment in secured manner?
  • ✓
    Payment gateway
  • B
    EDT
  • C
    Processor
  • D
    Web processor
Answer
Correct option: A.
Payment gateway
Payment gateway
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MCQ 721 Mark
Which of the following payment gateways are services provided by the third parties?
  • ✓
    PayPal
  • B
    EDI
  • C
    Digi cash
  • D
    Government
Answer
Correct option: A.
PayPal
PayPal
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MCQ 731 Mark
Who provides payment gateway services?
  • A
    Processor
  • ✓
    Third party
  • C
    EEDI
  • D
    Microsoft
Answer
Correct option: B.
Third party
Third party
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MCQ 741 Mark
Which of the following plays an important role in online payment?
  • A
    Payment gateway
  • B
    Payment Processor
  • ✓
    a and b both
  • D
    None of these
Answer
Correct option: C.
a and b both
a and b both
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MCQ 751 Mark
Specify the work of Acquiring bank.
  • A
    It is a financial institution that establishes the account with the merchant.
  • B
    It Validates the credit card information.
  • C
    Authorizes the sale based on the customer’s credit limit.
  • ✓
    All of these
Answer
Correct option: D.
All of these
All of these
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MCQ 761 Mark
Specify the work of issuing bank.
  • A
    It issues credit card to customer.
  • B
    It collects the payment from the customer.
  • C
    It guarantees the payment to the merchant.
  • ✓
    All of these
Answer
Correct option: D.
All of these
All of these
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MCQ 771 Mark
Which of the following is credit card transaction related parties?
  • A
    Customer with credit card, Merchant accepting the credit card
  • B
    Issuing bank
  • C
    Acquiring bank
  • ✓
    All of these
Answer
Correct option: D.
All of these
All of these
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MCQ 781 Mark
Which of the following parties are involved in credit card transactions?
  • A
    Customer with credit card, Merchant accepting the credit card
  • B
    Issuing bank
  • C
    Acquiring bank
  • ✓
    All of these
Answer
Correct option: D.
All of these
All of these
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MCQ 791 Mark
How many parties are involved in credit card transactions?
  • A
    Two
  • B
    Many
  • ✓
    Four
  • D
    Three
Answer
Correct option: C.
Four
Four
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MCQ 801 Mark
Which of the following verification is the authority of customer?
  • A
    Activeness of card
  • B
    Billing information
  • C
    Credit limits available to make purchase
  • ✓
    All of these
Answer
Correct option: D.
All of these
All of these
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MCQ 811 Mark
Which account do the Merchants need to open with the bank for accepting payments through website?
  • ✓
    Business account, Acquiring bank
  • B
    Merchant’s account, Issuing bank
  • C
    Web account, Issuing bank
  • D
    Web account, Acquiring bank
Answer
Correct option: A.
Business account, Acquiring bank
Business account, Acquiring bank
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MCQ 821 Mark
To which bank do the merchants charge for the goods in credit card payment?
  • ✓
    Issuing bank
  • B
    Web bank
  • C
    Merchant’s bank
  • D
    Authorized bank
Answer
Correct option: A.
Issuing bank
Issuing bank
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MCQ 831 Mark
To whom has the customer to pay by using credit card payment?
  • ✓
    Issuing bank
  • B
    Web bank
  • C
    Merchant’s bank
  • D
    Authorized bank
Answer
Correct option: A.
Issuing bank
Issuing bank
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MCQ 841 Mark
Within which limit can the customer spend and pay to the issuing bank?
  • ✓
    Credit limit
  • B
    Limit of deposited amount
  • C
    Unlimited amount
  • D
    It is decided by merchant
Answer
Correct option: A.
Credit limit
Credit limit
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MCQ 851 Mark
What does the credit limit of the customer depend upon?
  • A
    Credit history
  • B
    Income level
  • ✓
    a and b both
  • D
    None of these
Answer
Correct option: C.
a and b both
a and b both
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MCQ 861 Mark
Which of the following is/are examples of credit card?
  • A
    Master Card ®
  • B
    McCord ®
  • C
    Visa ®
  • ✓
    a and b both
Answer
Correct option: D.
a and b both
a and b both
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MCQ 871 Mark
What is known as the bank which issues credit card to the customers?
  • A
    Web bank
  • B
    Authorized bank
  • ✓
    Issuing bank
  • D
    Merchant’s bank
Answer
Correct option: C.
Issuing bank
Issuing bank
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MCQ 881 Mark
Which banks provide the credit cards of the financial institutions which are established and reputed in the services of credit card business?
  • ✓
    Issuing bank
  • B
    Authorized bank
  • C
    Web bank
  • D
    Merchant’s bank
Answer
Correct option: A.
Issuing bank
Issuing bank
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MCQ 891 Mark
Which is the most popular and widely accepted methods of payment on Internet?
  • ✓
    Credit card
  • B
    Smart card
  • C
    Net banking
  • D
    Charge card
Answer
Correct option: A.
Credit card
Credit card
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MCQ 901 Mark
Which term is used for all types of plastic cards that consumers use to make purchases?
  • A
    Personal card
  • B
    Punch card
  • ✓
    Payment card
  • D
    Permanent card
Answer
Correct option: C.
Payment card
Payment card
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MCQ 911 Mark
Which cards can be included as the payment cards?
  • A
    Credit card
  • B
    Debit card
  • C
    Smart card
  • ✓
    All of these
Answer
Correct option: D.
All of these
All of these
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MCQ 921 Mark
what is known as the financial exchange that takes place between the buyer and the seller?
  • ✓
    Electronic payment
  • B
    Offline payment
  • C
    Web payment
  • D
    Net payment
Answer
Correct option: A.
Electronic payment
Electronic payment
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MCQ 931 Mark
Which type of service is E-commerce and M-commerce considered?
  • A
    Fast
  • B
    Less expensive
  • ✓
    a and b both
  • D
    None of these
Answer
Correct option: C.
a and b both
a and b both
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MCQ 941 Mark
Which of the following are payment options in E-commerce and M-commerce?
  • A
    Net banking
  • B
    Ru pay
  • C
    E-wallet
  • ✓
    All of these
Answer
Correct option: D.
All of these
All of these
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MCQ 951 Mark
Which of the following are payment options in E-commerce and M-commerce?
  • A
    Cash
  • B
    Credit card, Debit card
  • C
    Smart card, Charge card
  • ✓
    All of these
Answer
Correct option: D.
All of these
All of these
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MCQ 961 Mark
What is the most important aspect of E commerce?
  • ✓
    Payment
  • B
    Registration
  • C
    Selection
  • D
    Storage
Answer
Correct option: A.
Payment
Payment
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MCQ 971 Mark
Which of the following photo editor can be used to add digital watermark on any image?
  • ✓
    GIMP
  • B
    PAINT
  • C
    GNU Paint
  • D
    DRAW
Answer
Correct option: A.
GIMP
GIMP
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MCQ 981 Mark
What can be done with the photo identity card of a person by writing an identity number “12345” and hiding as a digital watermark in the identity photo?
  • ✓
    Protected
  • B
    Visible
  • C
    Transparent
  • D
    Nontransparent
Answer
Correct option: A.
Protected
Protected
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MCQ 991 Mark
For which of the following in the field of data security can watermark be used?
  • A
    Certification
  • B
    Authorization
  • C
    Unauthorized
  • ✓
    a and b both
Answer
Correct option: D.
a and b both
a and b both
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MCQ 1001 Mark
In which form is the unauthorized distribution of digital audio over the Internet a big problem currently?
  • ✓
    mp3
  • B
    WV
  • C
    egg
  • D
    ogv
Answer
Correct option: A.
mp3
mp3
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