QUIZ 3

In the context of electricity bill payments, what does 'EB' commonly stand for?

• Electric Base

• Electronic Billing

• Energy Bureau

• Electricity Board

Which of the following is not a common utility bill paid through fintech apps?

• Water and electricity bills

• Credit card bills

• internet and phone bills

• Movie tickets

Which service in fintech allows users to add funds to their prepaid mobile plans?

• Grocery delivery

• Mobile top-up

• Virtual pet adoption

• Taxi booking

What is the purpose of the Bharat Interface for Money (BHIM) app in the context of UPI payments?

• To track stock market investments

• To book train tickets

• To facilitate UPI payments

• To provide weather forecasts

Which Indian regulatory authority oversees and regulates the digital payments and fintech industry?

• Reserve Bank of India (RBI)

• Securities and Exchange Board of India (SEBI)

• Ministry of Finance

• Indian Banks' Association (IBA)

Which government initiative in India allows citizens to pay various utility bills through a single platform, including electricity, water, gas, and telephone bills?

• Bharat Bill Payment System (BBPS)

• Digital India Campaign

• Swachh Bharat Abhiyan

• Make in India Initiative

What has keys but can't open locks, space but no room, and you can enter but not go inside?

• A map

• A keyboard

• A calendar

• A car

I speak without a mouth and hear without ears. I have no body, but I come alive with the wind. What am I?

• An echo

• A cloud

• A radio

• A thought

I'm often running, but I don't have legs. I have a bed, but I don't sleep. What am I?

• A River

• A racehorse

• A car

• A tree

What is a bill pay service?

• A service that allows you to pay your bills online or by phone

• A service that charges a fee to pay your bills on your behalf

• A service that helps you to budget for and pay your bills

• A service that provides you with information about your bills