Ready To Test Your Knowledge On Digital Finance?

Hello everyone :wave: ,

Are you a finance enthusiast? :money_mouth_face: Do you want to test your knowledge of digital finance? Then join our online community’s finance quiz!

The quiz will consist of 6 multiple-choice questions, and you shall only have 30 seconds to answer each question :see_no_evil:

Don’t try to hack the quiz with your super-smart AI robot friend, we’ve got our own robot to keep an eye on you! :stuck_out_tongue_winking_eye: Just kidding, please play fair and keep it real, we promise it’s more fun that way :relieved:

1. What is a QR code used for in digital financial transactions?

  • a. Encrypting sensitive user information
  • b. Generating OTPs for authentication
  • c. Enabling quick and easy payments
  • d. Providing transaction history

0 voters

2. Which of the following is a benefit of using digital wallets?

  • a. Increased risk of fraud
  • b. Limited acceptance by merchants
  • c. Convenient and secure payment option
  • d. Higher transaction fees

0 voters

3. _______ is an alphanumeric code that uniquely identifies a bank branch participating in the NEFT system.

  • a. IFSC
  • b. STP
  • c. SFMS
  • d. RTGS

0 voters

4. What is the purpose of an OTP (One Time Password)in digital financial transactions?

  • a. To provide a unique identification number
  • b. To authorise and verify the user’s identity
  • c. To initiate fund transfers
  • d. To generate a QR code for payment

0 voters

5. Which of the following is an example of a fintech company?

  • a. Apple Inc.
  • b. Coca-Cola
  • c. PayPal Holdings Inc.
  • d. Amazon.com Inc.

0 voters

6. Which of the following is an example of a mobile payment app?

  • a. Google Maps
  • b. WhatsApp
  • c. Venmo
  • d. Instagram

0 voters

Good luck!

Oh!, and PS: those who get all the answers correct, can get the chance to arrange the questions for our next quiz sessions.

Are you ready? :smile:

4 Likes

Hello everyone :wave:,

I am here to give you all a reminder that we will close this quiz soon. Those who have not participated till now, please do it quickly. :partying_face: :partying_face:

SG | Community Team

Hello everyone :wave:,

This is the last call for your participation. We will close this quiz after 2 days. Those who are yet to participate, please don’t miss this chance. :heart_eyes: :heart_eyes: :heart_eyes: :heart_eyes:

SG | Community Team

Hello everyone :wave: ,

Thank you so much for participating in this quiz. We are thankful for making our quiz so eventful. :star_struck: Congratulations to @miguelcosta , @Frank , @ramm4u , @nomadus , @Mattia95 , @Covalent5 , @Carl_1460 & @saps for winning this round. :clap: :clap: We will get in touch with you shortly.

For the rest of you who participated, and did not get the highest score, don’t worry! Stay tuned for our next quiz for your revenge. :joy: :joy:

SG | Community Team

3 Likes