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FLIP Quiz 1 - Grade VII

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  • What is the expiry date of the credit card?
    (B) 31 March 2021
  • Which statement is INCORRECT?
    (C) Do NOT use credit card transactions on public computers
  • What does 'OD' in a Debit card statement signify?
    (C) Over draft
  • How many digits does a Debit Card PIN have?
    (B) Four digits
  • What does the abbreviation PIN stand for?
    (B) Personal Identification Number
  • This is part of a debit card statement. Where is the error?
    (D) It should be 700
  • Which statement is INCORRECT?
    (D) Magnetic strip stores this
  • What does the image show?
    (C) Cash card
  • Choose the INCORRECT statement.
    (C)
  • Which is INCORRECT?
    (A) That is intaglio printing
  • Which of the above motifs is not included in any of the banknotes in India currently?
    (B) Taj Mahal
  • Choose the INCORRECT statement.
    (C) Cash card is NOT linked to bank account
  • Choose the INCORRECT statement.
    (A) Virtual card is not a plastic card
  • What does the term 'Portability' mean?
    (B) Ease of carrying
  • Choose the odd one out?
    (C) Others are ways of doing scam
  • Choose the CORRECT statement.
    (B)
  • Which formula is INCORRECT?
    (C)
  • What does the abbreviation CVV stand for?
    (A) Card Verification Value
  • Which statement is INCORRECT?
    (C) The issuing back is HSBC, not mastercard
  • Which of the following is not present on the reverse side of a debit card?
    (A) Expiry date
  • What are the lines pointed by the arrow called?
    (B) Bleed lines
  • Which is NOT included in a credit card statement?
    (B) PINs are never included in a statement
  • Which of the above charges are not included in Credit Cards?
    (D) Early payment charges
  • Which statement about EMV is INCORRECT?
    (C)