Top 550+ Solved E-Commerce MCQ Questions Answer
Q. ……………….in the e-commerce may be a holder of a payment card such as credit card ordebit card from an issuer
a. customer
b. issuer
c. Merchant
d. Acquirer
Q. ……………….is a financial institution that establishes an account with a merchant andprocesses payment card authorization and payments
a. customer
b. issuer
c. Merchant
d. Acquirer
Q. In …………………..type of payment system customer is allowed to spend only up to theamount that have pre deposited into account.
a. Prepaid
b. Post paid
c. both of these
d. none of these
Q. ………………type of payment system is highly useful to those customers who would like tocontrol overspending,
a. Prepaid
b. Post paid
c. both of these
d. none of these
Q. ……………………….credit card gives all the advantages of a normal credit card without worryingabout the interest charges
a. Prepaid
b. Post paid
c. both of these
d. none of these
Q. ……………………facility helps the customer to pay only a small amount of the total outstandingand revolve the rest of the payment to the next month.
a. Cash advance
b. Revolver
c. Tele draft
d. None of these
Q. ………………….is a financial instrument which can be used more than once to borrow moneyor buy products and services on credit.
a. Credit card
b. E-Cheques
c. E-cash
d. none of these
Q. To accept a credit card for payment, we have to open a …………………account with our bank
a. Savings Bank
b. Current account
c. Merchant account
d. any of these
Q. ………………..is a kind of payment card that transfers fund directly from the consumer’s bankaccount to the merchants account
a. Debit Card
b. Electronic purse
c. credit card
d. any of these
Q. ……………..is a card with a microchip that can be used instead of cash and coins foreverything from vending machines to public transportation.
a. Debit Card
b. Electronic purse
c. credit card
d. any of these
Q. ………………is basically a secure gate between our organization data and internet.
a. Network firewall
b. Antivirus
c. both of these
d. none of these
Q. ……………………encrypts payment card transaction data and verifies that both parties in thetransaction are genuine.
a. SSL
b. SET
c. both of these
d. none of these
Q. ………………is automated methods of recognizing a person based on a physiological orbehavioral characteristic.
a. Biometrics
b. PIN
c. both of these
d. none of these
Q. In Biometrics,…………………………ID system is designed to prevent more than one person fromusing a single identity
a. Positive ID system
b. Negative ID system
c. both of these
d. none of these
Q. In Biometrics,…………………………ID system is designed to prevent one person from usingmore than one identity
a. Positive ID system
b. Negative ID system
c. both of these
d. none of these