CHAPTER 4- E COMMERCE, M COMMERCE & EMERGING

TECHNOLOGIES

Multiple Choice Questions-MCQ’s

For
Assignment-Day 2
 Risks and Controls related to E-Commerce

1. Which is not a Risk in an e-business environment___________

a. Privacy and Security
b. Repudiation of Contract
c. Problem of Anonymity
d. Huge Customer Base

2. Breach of Customer Sensitive Information/ Recipes of Patented Products etc. are examples
of Cyber Security Risks, comes under___________
a. Direct Impact
b. Financial Impact
c. Indirect Operational Impact
d. Legal Impact

Guidelines and Laws Governing E-Commerce

1. ____________of IT Act provides for “legal recognition of electronic records”

a. Section 3
b. Section 4
c. Section 5
d. Section 14

2. Latest Trends in E-Commerce________

a. Content
b. Social Commerce
c. Mobile Commerce
d. Faster Returns

Digital Payments

1. ______________is a way of payment which is made through digital modes.

a. Digital Payment
b. Online Payment
 c. Mobile Payment
d. Cash Payment

2. ____________ is an empathetic tool to transfer money instantly within banks across India
through Mobile, Internet Banking and ATM.
a. UPI
b. AEPS
c. USSD
d. IMPS

3. USSD stands for______________

a. Unified Structure Service Data
b. Unstructured Service Data
c. Unified Supplementary Service Data
d. Unstructured Supplementary Service Data

4. Crypto Currency is produced/issued by____________

a. Reserve Bank of India
b. World Bank
c. Federal Bank
d. Public Network

5. Bitcoin is an example of ____________

a. Digital Currency
b. Crypto Currency
c. Virtual Currency
d. Fiat Currency