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FLIP Quiz 1 - Grade VII

  •  English    24     Public
    Financial Literacy Program Chapter 1: Get Carded
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  • Which statement is INCORRECT?
    (C) The issuing back is HSBC, not mastercard
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  • What are the lines pointed by the arrow called?
    (B) Bleed lines
  •  20
  • Which of the above charges are not included in Credit Cards?
    (D) Early payment charges
  •  20
  • How many digits does a Debit Card PIN have?
    (B) Four digits
  •  20
  • Which of the following is not present on the reverse side of a debit card?
    (A) Expiry date
  •  20
  • What does the abbreviation CVV stand for?
    (A) Card Verification Value
  •  20
  • Choose the INCORRECT statement.
    (C) Cash card is NOT linked to bank account
  •  20
  • What does the abbreviation PIN stand for?
    (B) Personal Identification Number
  •  20
  • What does the term 'Portability' mean?
    (B) Ease of carrying
  •  20
  • Which statement is INCORRECT?
    (C) Do NOT use credit card transactions on public computers
  •  20
  • Which formula is INCORRECT?
    (C)
  •  20
  • Which of the above motifs is not included in any of the banknotes in India currently?
    (B) Taj Mahal
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  • What does the image show?
    (C) Cash card
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  • Which statement about EMV is INCORRECT?
    (C)
  •  20
  • What is the expiry date of the credit card?
    (B) 31 March 2021
  •  20
  • What does 'OD' in a Debit card statement signify?
    (C) Over draft
  •  20