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- 1. Multiple ChoiceWhat is the professed role of Digital India Programme?Faceless, Cashless & PaperlessHassel free, Cashless & PaperlessFaceless, Cashless & DigitalNone of the above
- 2. Multiple ChoiceWhat is the Vision of Digital India Programme?To provide the citizens of India seamless digital paymentsTo provide the citizens of India seamless mobile paymentsTo provide the citizens of India seamless online paymentsAll of the above
- 3. Multiple ChoiceDigital Payment system which was the vision of Digital India, shall have the following qualities.Convenient, easy and affordableQuick and securedBoth first and second optionEither first or second option
- 4. Multiple ChoiceWhich Ministry of Government of India is entrusted with the responsibility of promoting the financial transactions digitally?Ministry of Finance (MoF)Ministry of Banking (MoB)Ministry of Information Technology (MoIT)Ministry of Electronics & Information Technology (MeitY)
- 5. Multiple ChoiceA promotional scheme of Government of India will provide 0.5 % incentive on transaction amount for retailers, who accept digital payments based on biometric authentication. What is the name of the scheme?BHIM-Cashback Scheme for merchantsBHIM-Referral Bonus Scheme for merchantsBHIM-Aadhaar Promotional SchemeAll of the above
- 6. Multiple ChoiceA promotional scheme of Government of India will provide 0.5 % incentive on transaction amount for retailers, who accept digital payments based on biometric authentication. What is the maximum amount of each transaction to be eligible for incentive?Rs,1,000/-Rs.2,000/-Rs.3,000/-Rs.5,000/-
- 7. Multiple ChoiceIf a retail merchant generates minimum 50 transactions through BHIM app, he will be getting incentive of maximum Rs.1000/- per calendar month. What is the name of the scheme?BHIM-Cashback Scheme for merchantsBHIM-Referral Bonus Scheme for merchantsBHIM-Aadhaar Promotional SchemeAll of the above
- 8. Multiple ChoiceDigital Jagriti programme of Government of India, is conducted by Common Service Centre. What is the purpose of Digital Jagriti?Increasing Digital TransactionsCreating Awareness for Digital Financial Inclusion and AccessCreating Awareness about various forms of electronic paymentsDeveloping Apps for Digital Transactions
- 9. Multiple ChoiceDigiShala – free educational channel in English, Hindi and other regional languages is conducted through Doordarshan an initiative of Government of India. What is the purpose of DigiShala?Increasing Digital TransactionsCreating Awareness for Digital Financial Inclusion and AccessCreating Awareness about various forms of electronic paymentsDeveloping Apps for Digital Transactions
- 10. Multiple ChoiceWhat is the Income Tax assessment rules on turnover basis upto Rs.2 crores?8% on cash Turnover6% on digital TurnoverBoth First and Second Options are correctNeither of First or Second option is correct.
- 11. Multiple Choice
RBI has relaxed norms on Additional Factor Authentication for certain digital payments upto Rs.2000 per transaction. What is the effect of this?
It will be applicable to Card Present Cases
It will be applicable to only Contactless Cards
Both first and the second options are correct
Neither the First nor the Second option is correct.
- 12. Multiple ChoiceRBI has relaxed norms on Additional Factor Authentication for certain digital payments upto Rs.2000 per transaction. What is the effect of this?It will be applicable to ATM transactionsIt will be applicable to POS transactionsIt will be applicable to POS transactions where NFC is enabledNone of the above
- 13. Multiple ChoiceOil Marketing companies are offering incentives for those who are using various digital payment systems. Who are the beneficiaries?The consumers & MerchantsConsumersConsumers and the AcquirersNone of the above
- 14. Multiple ChoiceRBI has revised the criteria for categorisation of merchants for charging different MDRs. What is the basis of categorisation?Annual TurnoverAnnual ProfitAnnual Number of TransactionsBoth Second and Third options are correct
- 15. Multiple ChoiceTo encourage digital payments, all the government departments have to make e-payments to suppliers for bills above for Rs.5,000/-. Which Ministry has been made responsible to monitor progress in this field?Ministry of Finance (MoF)Ministry of Electronics and Information Technology (MeitY)Reserve Bank of India,(RBI)None of the above
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