CBSE Class 12 Computer Science Introduction To M Commerce MCQs Set H

CBSE Class 12 Computer Science Introduction To M Commerce MCQs Set H with answers available in Pdf for free download. The MCQ Questions for Class 12 Computer Science with answers have been prepared as per the latest 2021 syllabus, NCERT books and examination pattern suggested in Standard 12 by CBSE, NCERT and KVS. Multiple Choice Questions for important part of exams for Grade 12 Computer Science and if practiced properly can help you to get higher marks. Refer to more Chapter wise MCQs for NCERT Class 12 Computer Science and also download more latest study material for all subjects

Question: The______bank issues the credit card and guarantees the payment to the merchant.

  • a) Issuing
  • b) Online
  • c) Card
  • d) Smart

Answer: Issuing


Question: The_____bank establishes the account with the merchant and validates the credit card.

  • a) Issuing
  • b) Acquiring
  • c) Merchant's
  • d) Customer's

Answer: Acquiring


Question: The_______bank authorizes sale based on the customer's credit card limit.

  • a) Issuing
  • b) Acquiring
  • c) Merchant's
  • d) Customer's

Answer: Acquiring


Question: Payment______and processors are two more entities which play a role in online payment.

  • a) Doorways
  • b) Openings
  • c) Gateways
  • d) Windows

Answer: Gateways


Question: Payment gateway services provided by the third party like______which connects networks of all parties involved.

  • a) HDFC
  • b) SBI
  • c) AXIS
  • d) PayPal

Answer: PayPal


Question: _________are data centers which perform the credit card transactions and settle funds to the merchant.

  • a) Doorways
  • b) Openings
  • c) Processors
  • d) Windows

Answer: Processors


Question: Processors are connected to the E-commerce website of the merchant through the payment

  • a) Doorways
  • b) Openings
  • c) Gateways
  • d) Windows

Answer: Gateways


Question: The online payment through credit card on Internet is divided into_____parts.

  • a) One
  • b) Two
  • c) Three
  • d) Four

Answer: Two


Question: Major credit card companies use the_______security system to make online transactions secure.

  • a) SIGN
  • b) VERISIGN
  • c) SET
  • d) SECURE

Answer: SET


Question: Full form of SET is_____

  • a) Secure Electronic Transfer
  • b) Safe Electronic Transit
  • c) Safe Electric Transfer
  • d) Secure Electric Transit

Answer: Secure Electronic Transfer


More Questions............................


Question: The advantage of using Credit card is_____

  • a) Gives flexibility to the customer.
  • b) Keeps record of the customer's purchase.
  • c) Allows customers to purchase goods even when they do not have cash in bank.
  • d) All of these

Answer: All of these


Question: The limitation of using credit card is_______

  • a) They are unsuitable for very small or very large payments.
  • b) Customers tend to overspend using credit cards
  • c) Problems arise in case lost or stolen credit cards.
  • d) All of these

Answer: All of these


Question: A________looks like credit card but works by transferring fund directly from the consumer's bank.

  • a) Credit Card
  • b) Smart Card
  • c) Debit Card
  • d) Payment Card

Answer: Debit Card


Question: The______can keep the consumer purchases under a limit and do not allow him to exceed beyond his/her budget.

  • a) Credit Card
  • b) Smart Card
  • c) Debit Card
  • d) Payment Card

Answer: Debit Card


Question: also looks like a credit card but have a microchip embedded in their surface.

  • a) Credit Card
  • b) Smart Card
  • c) Debit Card
  • d) Charge Card

Answer: Smart Card


Question: A______contains user's private information, such as account information, health information etc.

  • a) Credit Card
  • b) Smart Card
  • c) Debit Card
  • d) Payment Card

Answer: Smart Card


Question: ________are popular in countries like US, Europe, Japan and some parts of Asia.

  • a) Debit Card
  • b) Credit Card
  • c) Charge Card
  • d) Smart Card

Answer: Smart Card


Question: A_______is another form of payment mechanism wherein the customer can pay through the card and it does not have a credit limit.

  • a) Debit Card
  • b) Credit Card
  • c) Charge Card
  • d) Smart Card

Answer: Charge Card


Question: _______does not involve any type of card for online transaction.

  • a) Net-Banking
  • b) Credit-Card
  • c) Smart-Banking
  • d) All of these

Answer: Net-Banking


Question: means transferring money from one bank to another electronically.

  • a) Net-Banking
  • b) EFT
  • c) ATM
  • d) Net-Transaction

Answer: EFT


Question: Full form of EFT is______

  • a) Electronic Funds Transfer.
  • b) Electronic Finance Transfer
  • c) Electronic Funds Transaction.
  • d) None of these

Answer: Electronic Funds Transfer.


Question: is an electronic card for making secure online payments towards a merchant.

  • a) E-Wallet
  • b) M-Wallet
  • c) L-Wallet
  • d) Card-Wallet

Answer: E-Wallet


Question: The term______is coined from two terms Rupee and Payment.

  • a) RupeeP
  • b) RuPay
  • c) Rupees Payment
  • d) None of these

Answer: RuPay


Question: is a new card payment mechanism launched by NPCI.

  • a) RupeeP
  • b) RuPay
  • c) Rupees Payment
  • d) None of these

Answer: RuPay


Question: Full form of NPCI is_______

  • a) Nation's Payment Cost of India
  • b) National Payments Company of India.
  • c) National Payments Corporation of India.
  • d) Nationalized Payments Corporation of India.

Answer: National Payments Corporation of India.


Question: Anybody can create new programs and run them on remote computers causing it to_____

  • a) Improve
  • b) Malfunction
  • c) Break down
  • d) Recover

Answer: Malfunction


Question: A firewall______from any type of network attack.

  • a) Blocks
  • b) Unprotect
  • c) Protects
  • d) Saves

Answer: Protects


Question: Digital_____are used for proving our identity in electronic transactions.

  • a) Certificates
  • b) ID
  • c) Both (A) and (B)
  • d) Authority

Answer: Both (A) and (B)


Question: A_____is issued by a trusted third party to establish the identity of the holder.

  • a) Digital Certificate
  • b) Digital Data
  • c) Digital Signature
  • d) Digital Service

Answer: Digital Certificate


Question: _______is the third party who issues the Digital Certificates.

  • a) Certification Authority
  • b) Certification Owner
  • c) Certification holder
  • d) Certification key

Answer: Certification Authority

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