Free Test Online bill payment, n... – MS-CIT

Q1: Which of the following is an advantage of online bill payment?

A. Convenience and time saving B. Only works during office hours C. Requires visiting the bank physically D. Cash payment only

Q2: What is net banking?

A. Banking services via internet B. Banking only in-person C. Banking using ATM D. Only credit card services

Q3: Which is required for net banking login?

A. User ID and password B. Only ATM card C. Voter ID D. PAN card

Q4: What does IFSC stand for?

A. Indian Financial System Code B. International Fund Settlement Code C. Indian Fund Security Code D. Internal Finance Service Code

Q5: Which of these is NOT a method of online bill payment?

A. Cash at counter B. Debit card C. UPI D. Net banking

Q6: What is UPI?

A. Unified Payments Interface B. Universal Payment Identifier C. Unified Pay India D. Unique Payment ID

Q7: Which is an example of an online payment gateway?

A. Paytm B. Post Office C. ATM D. Cash deposit machine

Q8: What is RTGS used for?

A. High-value money transfers B. Paying electricity bills C. Mobile recharge D. Credit card payments only

Q9: Which of these is required for online electricity bill payment?

A. Consumer number B. PAN card C. Passport number D. Driving license

Q10: What is NEFT?

A. National Electronic Funds Transfer B. National Exchange for Funds Transfer C. Net Easy Funds Transfer D. Network Enabled Funds Transaction

Q11: Which of the following is NOT a feature of net banking?

A. Physical cash deposit B. Fund transfer C. Bill payment D. Balance enquiry

Q12: What is IMPS used for?

A. Instant fund transfer B. Cheque clearance C. Paying property tax D. ATM withdrawal

Q13: Which is a safety measure for net banking?

A. Do not share OTP with anyone B. Write password on a paper C. Use public Wi-Fi for login D. Share login details with friends

Q14: Which of these can be paid online?

A. Water bills B. Electricity bills C. Mobile recharge D. All of the above

Q15: Which of the following is a benefit of UPI?

A. Instant transfer 24/7 B. Works only on weekdays C. Needs bank branch visit D. Only works for credit cards

Q16: What is required to pay bills using a mobile app?

A. Registered mobile number and account B. Only ATM card C. Driving license D. Voter ID

Q17: What is the role of OTP in online transactions?

A. Verify the user’s identity B. Generate account statement C. Change account type D. Close bank account

Q18: Which of these is NOT an online banking service?

A. Cheque book request B. Account statement download C. Cash withdrawal at branch D. Fund transfer

Q19: What is a payment wallet?

A. Digital app to store money for payments B. Physical leather wallet C. Bank locker D. Cheque book

Q20: Which is safer for online transactions?

A. Using secure HTTPS websites B. Using public computers C. Sharing passwords on phone D. Ignoring antivirus updates

Quiz for Online bill payment, net banking