Essentials of Ecommerce MCQs and Notes

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📊 Essentials of Ecommerce
Q. A……………………..is a device that includes an embedded integrated circuit Chip [ICC] that can be either a secure micro controller or equivalent intelligence with internal memory or a memory chip alone.
  • (A) smart Cards
  • (B) E-Cheques
  • (C) E-cash
  • (D) none of these
💬 Discuss
✅ Correct Answer: (A) smart Cards
📊 Essentials of Ecommerce
Q. …………………..is the system of purchasing cash credits in relatively small amounts, storing the credits in our computer, and then spending them, when making electronic purchases over the internet.
  • (A) E-cash
  • (B) Digicash
  • (C) Cyber cash
  • (D) any of these
💬 Discuss
✅ Correct Answer: (D) any of these
📊 Essentials of Ecommerce
Q. The grace period of a credit card normally runs from
  • (A) The end of a billing cycle to the next starting date
  • (B) The end of a previous due till next starting date.
  • (C) The starting of a billing cycle to the next payment due date
  • (D) The end of a billing cycle to the next payment due date.
💬 Discuss
✅ Correct Answer: (D) The end of a billing cycle to the next payment due date.
📊 Essentials of Ecommerce
Q. _________identifies a person based on unique patterns exhibited when they interact with a device such as a tablet, smartphone or computer
  • (A) Physiological biometric authentication
  • (B) Advance biometric authentication
  • (C) Behavioral biometric authentication.
  • (D) None of the above
💬 Discuss
✅ Correct Answer: (C) Behavioral biometric authentication.
📊 Essentials of Ecommerce
Q. A type of fraud that involves diverting the client Internet connection to a counterfeit website.
  • (A) Phishing
  • (B) Pharming.
  • (C) Ddos
  • (D) Virus
💬 Discuss
✅ Correct Answer: (B) Pharming.
📊 Essentials of Ecommerce
Q. The first universal credit card, which could be used at a variety of establishments, was introduced by
  • (A) VISA
  • (B) American Express
  • (C) Diners’ Club.
  • (D) SBI
💬 Discuss
✅ Correct Answer: (C) Diners’ Club.
📊 Essentials of Ecommerce
Q. A plastic card about the size of a credit card, with an embedded microchip that can be loaded with data, used for telephone calling, electronic cash payments etc
  • (A) Debit card
  • (B) Smart Card.
  • (C) E-cheque
  • (D) E-Wallet
💬 Discuss
✅ Correct Answer: (B) Smart Card.
📊 Essentials of Ecommerce
Q. E-cash was created by
  • (A) David Chaum.
  • (B) Mark Zuckerberg
  • (C) Jack Maa
  • (D) Benjamin Young
💬 Discuss
✅ Correct Answer: (A) David Chaum.
📊 Essentials of Ecommerce
Q. A financial exchange that takes place online or offline (electronically using some electronic gadget) between buyers and sellers
  • (A) Online broker
  • (B) E-payment.
  • (C) Traditional Market
  • (D) Commerce
💬 Discuss
✅ Correct Answer: (B) E-payment.

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