In today’s digital age, computers and Information Technology (IT) have revolutionized various fields, offering innovative solutions and enhancing efficiency. This article, titled Application of Computers and IT in Various Fields GK MCQs With Answer & Explanation in English, delves into the diverse applications of computers and IT across sectors such as healthcare, education, business, and more.
We have compiled a set of multiple-choice questions (MCQs) that will help you understand the role and significance of computers and IT in these domains, with detailed answers and explanations.
1. Which among the following is not a payment card technology?
- Magnetic Stripe Card
- Smart Card
- Fleet Card
- All of them are payment card technologies
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Answer: Fleet Card
Fleet cards, unlike the others, are not typically considered payment card technologies. Magnetic Stripe Cards and Smart Cards are examples of payment card technologies.
2. Which among the following can be called an electronic check?
- Debit card
- Smart card
- Credit card
- None of the above
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Answer: Debit card
An electronic check, often referred to as an e-check, is a form of the payment system where funds from a customer’s bank account are electronically transferred to the payee, much like debit card transactions. E-checks are initiated online and are commonly used for online purchases, bill payments, and other electronic transactions.
3. Core Banking Solutions are developed to perform:
- Recording of transactions
- Passbook maintenance
- Interest calculations
- All of the above
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Answer: All of the above
Core Banking Solutions (CBS) are comprehensive banking software systems designed to handle various functions within a bank. These functions include recording transactions, maintaining passbooks, calculating interest, and facilitating various banking operations. CBS helps banks streamline their operations and provide better services to customers.
4. The terms “push and pull services” in context with Banking are used in which among the following generally?
- E-commerce
- Software Development
- Privacy Security
- Online banking
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Answer: E-commerce
In the context of e-commerce, “push and pull services” describe the two primary ways transactions are initiated. Push services are transactions initiated by the merchant or seller, such as sending promotional emails or offers to customers. Pull services are initiated by the customer when they actively seek products or services, for example, by searching for items on an online marketplace.
5. Which among the following is an example of a “Card not present transaction” in the context of Credit/Debit Cards?
- A person paying a restaurant bill by giving details of his credit card
- A person making an online purchase using his/her credit card
- A person making a purchase using mobile banking
- Both 2 & 3
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Answer: Both 2 & 3
A “Card not present transaction” refers to payments made without physically presenting the card. It is a common occurrence in e-commerce and mobile banking transactions, where card information is entered manually or virtually to make purchases or payments online. Due to the absence of a physical card, extra security measures may be employed to mitigate the risk of fraud.
6. “Internet escrow” is a term most commonly related to which of the following?
- E-commerce
- Software Development
- Privacy Security
- Database Management
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Answer: E-commerce
Internet escrow is a service often used in e-commerce to hold the asset, such as the purchased product or payment, in a neutral account until certain conditions are met. It helps establish trust between buyers and sellers by ensuring that the agreed-upon terms are fulfilled before releasing the asset to the intended party.
7. How many banks are promoting the National Payments Corporation of India (NPCI)?
- 6
- 8
- 10
- 12
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Answer: 10
The National Payments Corporation of India (NPCI) is promoted by 10 major banks in India. It plays a crucial role in facilitating various retail payment and settlement systems in the country, such as the Unified Payments Interface (UPI) and National Electronic Funds Transfer (NEFT).
8. Which of these cards allows its holder to buy goods and services based on the holder’s promise to pay for these goods and services?
- Debit cards
- Credit cards
- Bank Passbook
- None of the above
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Answer: Credit cards
Credit cards allow the cardholder to make purchases based on the promise to pay later. When a credit card is used for a transaction, the cardholder essentially borrows money from the card issuer, with the understanding that they will repay the borrowed amount, typically with interest, at a later date.
9. Which of these is a type of E-banking?
- Electronic Bill Payment
- CTS (Cheque Truncation System)
- Telephone Banking
- All of the above
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Answer: All of the above
E-banking, short for electronic banking, encompasses various services provided by banks through electronic channels. These services include Electronic Bill Payments, Cheque Truncation System (CTS), online account management, and fund transfers through internet banking platforms.
10. What is meant by CTS?
- Cheque Temporary Stoppage
- Clean Technology System
- Cheque Truncation System
- Clean Termination Scheduling
Show Answer
Answer: Cheque Truncation System
CTS stands for Cheque Truncation System, which is a modern method for faster and more efficient cheque clearance. It involves processing digital images of cheques instead of physical paper cheques, resulting in quicker and more reliable cheque processing.
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