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Fintech Quesbank
Fintech Quesbank
Fintech Quesbank
B.COM(H) VI
FINTECH
Q1. Discuss the concept of Fintech transformation and its significance in the
financial industry. Provide examples of how Fintech has transformed traditional
banking and financial services.
Q2. Analyze the key drivers behind Fintech transformation and the challenges
financial institutions face in adapting to this change. How can traditional banks
effectively respond to the disruptions caused by Fintech?
Q3. Trace the evolution of Fintech from its early beginnings to the current state
(Fintech 3.5). Highlight the key milestones and technological advancements that
have shaped each stage of Fintech evolution.
Q4. Compare and contrast Fintech 1.0, 2.0, and 3.0 with the latest iteration,
Fintech 3.5. What distinguishes Fintech 3.5 from its predecessors, and what
implications does this evolution have for the future of financial services?
Q5. Define Fintech typology and discuss the different categories or segments of
Fintech. Provide examples of companies or startups within each category and
explain their respective roles in the Fintech ecosystem.
Q7. Explain the concept of a cryptographic hash function and its role in
blockchain technology. Discuss the properties that make cryptographic hash
functions suitable for securing data in distributed systems.
Q8. Illustrate the use of cryptographic hash functions in various applications, such
as data integrity verification, password hashing, and digital signatures. What are
the key considerations when selecting a cryptographic hash function for a specific
use case?
Q9. Define a Merkle tree and describe its structure and properties. Discuss how
Merkle trees are utilized in blockchain technology to efficiently verify the integrity
of large datasets.
Q10. Compare and contrast Merkle trees with traditional data structures, such as
binary trees and hash tables. What advantages do Merkle trees offer in terms of
data validation and security?
Q11. What is a digital signature, and why is it important? Explain its types and
how it is used?
Q12. Describe one role of public and private keys in securing digital transactions.
Q13. a. What are some potential future applications of blockchain in the finance
industry?
b. How might blockchain technology change the way people manage their finances
in the future?
Q14 A. What is blockchain technology, and how does it work in simple terms?
b. Explain how blockchain ensures transparency and security in financial
transactions.
Q16. a. What is mobile money, and how does it differ from traditional banking
services?
b. Provide one example of how mobile money is used in everyday transactions.
Q17. a. How do regulations affect the accessibility and safety of mobile money
services for users?
b. Discuss one way in which regulations have influenced the growth of mobile
money adoption.
Q18. What does RTGS stand for, and how does it distinguish itself from other
payment systems such as NEFT?
Q24. Why do governments opt to regulate cryptocurrencies, and what are their
objectives?
Q27. a. What are the advantages of using blockchain technology for digital
transactions compared to traditional methods?
b. Discuss how blockchain enhances transparency and security in digital
transactions.