Every Book Back multiple-choice question from Electronic Payment Systems (12th Standard Computer Applications, Samacheer Kalvi) — each with the correct option highlighted and a clear, worked explanation. Free to read in English and Tamil.
Q1
Based on the monetary value, electronic payment systems can be classified into:
- A. Micro and MacroCorrect
- B. Micro and Nano
- C. Maximum and Minimum
- D. Maximum and Macro
Explanation. Electronic payment systems are grouped into micro or macro categories depending on the monetary size of the transaction. Micro-payment systems handle small amounts efficiently, while macro-payment systems are designed for larger financial transfers.
Q2
Which of the following refers to a payment made from one bank account to another bank account using electronic methods?
- A. Electronic paymentCorrect
- B. Direct payment
- C. Indirect payment
- D. None of the above
Explanation. Electronic payments transfer funds digitally from one bank account to another without direct manual intervention. This form of money transfer replaces traditional paper instruments like cash or physical checks.
Q3
Assertion (A): Macro electronic payment systems support higher value payments.
Reason (R): Expensive cryptographic operations are included in macro payments.
- A. Both (A) and (R) are correct and (R) is the correct explanation of (A)Correct
- B. Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
- C. (A) is true and (R) is false
- D. (A) is false and (R) is true
Explanation. Macro-payment systems deal with large values and require robust security. Because they use computationally expensive cryptographic protocols for protection, the transactional overhead makes them unsuitable for small, daily payments.
Q4
Which of the following is correctly matched?
- A. Credit Cards - pay before
- B. Debit Cards - pay nowCorrect
- C. Stored Value Card - pay later
- D. Smart card - pay anytime
Explanation. Debit cards deduct funds immediately from the holder's bank account upon authorization of the purchase. This is a pay-now mechanism, unlike credit cards which are pay-later or stored value cards which are prepaid.
Q5
ECS stands for ___________
- A. Electronic Clearing ServicesCorrect
- B. Electronic Cloning Services
- C. Electronic Clearing Station
- D. Electronic Cloning Station
Explanation. ECS stands for Electronic Clearing Services. It is an automated system used to execute bulk, repetitive transfers of funds, such as salary payments or utility bill collections, between bank accounts.
Q6
Which of the following is an online payment system designed for small payments?
- A. Card based payment
- B. Micro electronic paymentCorrect
- C. Macro electronic payment
- D. Credit card payment
Explanation. Micro-payment systems are designed to process frequent, low-value transactions with minimal processing costs. These services are commonly used for small digital purchases like online music, articles, or game subscriptions.
Q7
Which of the following is true about Virtual Payment Address (VPA)?
- A. Customers can use their e-mail id as VPA
- B. VPA does not include numbers
- C. VPA is a unique IDCorrect
- D. Multiple bank accounts cannot have single VPA
Explanation. A Virtual Payment Address or VPA acts as a unique identifier for UPI transactions. It allows users to send and receive money directly from their bank accounts without revealing sensitive details.
Q8
Pick the odd one out in credit card transactions.
- A. Card holder
- B. Merchant
- C. Marketing managerCorrect
- D. Acquirer
Explanation. The main participants in credit card processing include the cardholder, merchant, acquiring bank, card network, and issuing bank. A marketing manager does not play a functional role in authorizing or settling the transaction.
Q9
Which of the following is true about a debit card?
i. Debit cards cannot be used in ATMs
ii. Debit cards cannot be used in online transactions
iii. Debit cards do not need bank accounts
iv. Debit cards and credit cards are identical in physical properties
- A. i, ii, iii
- B. ii, iii, iv
- C. iii alone
- D. iv aloneCorrect
Explanation. Debit cards are linked to bank accounts, can be used at ATMs and online, and physically look identical to credit cards. Both card types share the exact same standardized dimensions and physical features.
Q10
Match the following credit card digit divisions:
List A:
A1) First Digit
A2) 9th to 15th Digit
A3) First 6 Digits
A4) Last Digit
List B:
B1) Account number
B2) MII Code
B3) BIN Code
B4) Check digit
- A. A1-B4, A2-B3, A3-B2, A4-B1
- B. A1-B2, A2-B1, A3-B3, A4-B4Correct
- C. A1-B2, A2-B3, A3-B4, A4-B1
- D. A1-B2, A2-B4, A3-B3, A4-B1
Explanation. On a credit card number, the first digit is the major industry identifier, the first six digits form the bank identification number, the middle digits represent the individual account, and the final digit is a check digit.
About these Electronic Payment Systems questions
These are the Book Back multiple-choice questions for Electronic Payment Systems from the Tamil Nadu State Board (Samacheer Kalvi) 12th Standard Computer Applications syllabus. Each question shows the correct option and an original, step-by-step explanation so you understand the method, not just the answer. Use the answer key above to jump to any question, then take the practice test to check yourself under exam-like conditions.
Frequently asked questions
How many MCQs are there in Electronic Payment Systems?
This chapter has 10 book-back multiple-choice questions, each with the correct answer and a step-by-step explanation.
Are these 12th Standard Computer Applications MCQs free to practise online?
Yes. Every question, answer and explanation here is free, and you can also take them as a timed practice test.
Where can I find the Electronic Payment Systems book-back answers?
The correct option for each question is highlighted on this page with a worked explanation, plus a quick answer-key summary at the top.
