E-Money Quiz ChallengeOnline version Test your knowledge about e-money and digital transactions! by siti komariah 1 What does e-money stand for? a Emergency money b E-wallet money c Electronic money d E-commerce money 2 Which of the following is a form of e-money? a Gold coins b Checks c Cash d Digital wallets 3 a machine-readable code consisting of an array of black and white squares, typically used for storing URLs or other information for reading by the camera on a smartphone a Physical notes b QR Code c Coins d Paper checks 4 doing something awkwardly, especially when using your hands a Bank deposits b Cash withdrawals c fumbling d Writing checks 5 Which of the following is NOT a characteristic of e-money? a Stored value b Instant transactions c Digital transfer d Physical presence 6 E-money transactions are often facilitated by which technology? a Fax machines b Postal services c Blockchain d Landline phones 7 the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network a e-commerce platforms (Verb) b Retail associations c Local governments d Postal services 8 Which of the following is a popular e-money platform? a Target b Walmart c PayPal d Bank of America 9 E-money can be used for which of the following? a Money orders b Cash deposits c Physical bank transfers d Peer-to-peer payments 10 What is a key benefit of using e-money? a Slower transactions b Convenience c Limited access d Higher fees 11 What does 'E-Money' primarily refer to? a Bank loans b Physical cash c Cryptocurrency only d Digital currency stored electronically. 12 Which of the following is an example of E-Money? a PayPal balance. b Bitcoin c Gold coins d Credit card debt 13 What is a key benefit of using E-Money? a Slower transactions b Higher fees c Limited access d Convenience in transactions. 14 using or operating with credit and debit cards and electronic systems, not money in the form of coins or notes a Social media platforms b Retail companies c cashless d Local governments 15 What is a common use of E-Money? a Online purchases. b Collecting physical currency c Investing in stocks d Buying real estate 16 Which technology is often associated with E-Money? a Artificial intelligence b Virtual reality c 3D printing d Blockchain. 17 What is a potential risk of using E-Money? a Cybersecurity threats. b Physical theft c High interest rates d Limited transaction speed 18 Which of the following is NOT a type of E-Money? a Digital currencies b Prepaid cards c E-wallets d Cash. 19 E-Money can be transferred using which method? a Mobile apps. b Carrier pigeons c Fax machines d Postal mail 20 What is a digital wallet? a A type of credit card b A government service c A physical bank d A software application for storing E-Money.
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