CS MCQ Questions

Solved MCQ on E-Commerce and E-Banking Set-1

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Here is the collection of solved MCQ on e-commerce and e-banking, which includes multiple-choice questions on the fundamentals of e-commerce and e-banking. It includes solved MCQs on the definition and classification of e-commerce with their examples, types of business-to-business e-commerce, and the benefits of e-marketing.

1. The term e-commerce includes ……………………….
A) Electronic trading of physical goods and intangibles such as information.
B) The electronic provision of services such as after-sales support or online legal advice
C) All the steps involved in trade, such as online marketing, ordering payment, and delivery support.
D) All of the above.

2. Which of the following is the largest community in the classification of e-commerce?
A) Business to Business (B to B)
B) Business to Consumer (B to C)
C) Business to Government (B to G)
D) Government to Government (G to G)

3. Which of the following is not an example of business-to-consumer (B2C) e-commerce?
A) Amazon.com
B) ebay.com
C) dell.com
D) lastminute.com

4. The types of business-to-business e-commerce are …………….
A) Direct selling and support to Business
B) Industry portals
C) Information sites about an industry
D) All of the above

5. Which of the following are the benefits of e-marketing?
i) Speed                                ii) Reach and Penetration
iii) Ease and Efficiency           iv) Low Cost
v) Targeted audience
A) i, ii, iii and iv only
B) ii, iii, iv, and v only
C) i, iii, iv, and v only
D) All i, ii, iii, iv and v

Read Also: Top 100 Interview Questions on E-Commerce

6. …………………. is the process of recreating a design by analyzing a final product.
A) Forward Engineering
B) Reverse Engineering
C) Backward Engineering
D) None of the above

7. …………….. is simply the use of electronic means to transfer funds directly from one account to another, rather than by check or cash.
A) M-Banking
B) O-Banking
C) E-Banking
D) D-Banking

8. The telephone banking service includes ……………….
i) Automatic balance voice out   ii) Inquiry all term deposit account
iii) Direct cash withdrawal iv) Utility Bill payments
v) Voice out the last five transactions
A) i, ii, iii and v only
B) i, ii, iv and v only
C) ii, iii, iv, and v only
D) All i, ii, iii, iv and v

9. Which of the following are the forms of e-banking?
i) Internet Banking                      ii) Telephone Banking
iii) Electronic Check conversion   iv) Electronic Bill Payment
v) Direct Deposit
A) i, ii, iii and iv only
B) ii, iii, iv, and v only
C) i, iii, iv, and v only
D) All i, ii, iii, iv and v

10. What is the full form of SWIFT?
A) Society for Worldwide Internet Financial Telecommunications.
B) Secret Wide Interbank Financial Telecommunications
C) Society for Worldwide Interbank Financial Telecommunications
D) None of the Above

Answers:

1.  D) All of the above
2.  A) Business to Business (B to B)
3.  B) ebay.com
4.  D) All of the above
5.  D) All i, ii, iii, iv and v
6.  B) Reverse Engineering
7.  C) E-Banking
8.  B) i, ii, iv and v only
9.  D) All i, ii, iii, iv and v
10.C) Society for Worldwide Inter-bank Financial Telecommunications

Read Next: Objective Questions on E-Commerce Set 2

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Shuseel Baral is a web programmer and the founder of InfoTechSite has over 12 years of experience in software development, internet, SEO, blogging and marketing digital products and services is passionate about exceeding your expectations.

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