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