Consumer Preferences

Q.

Which of the following is known as plastic money?

1. demand draft

2. credit card

3. debit card

4. credit card and debit card

Q. The popular name for debit and credit card is known as .

1. green money
2. plastic money
3. black money
4. hard money

Q.

Write a note on vending machines.

Q. is the electronic currency that exists only in cyberspace.

1. Net banking
2. Credit card
3. Cash on delivery
4. Digital cash

Q. Explain electronic banking and state its three benefits?

Q.

Ram was shopping a gift for his mother. He was busy with his work, so he quickly downloaded an app and shopped for her. Do you feel it was time-consuming or time-saving?

1. Time consuming

2. Time saving

3. Time taking

4. None of the above

Q. Which of the following is known as Plastic Money?
A. Demand Draft
B. Credit Card
C. Debit Card

1. Only (A)
2. Only (B)
3. Only (C)
4. Both (B) and (C)

Q.

State True or False. In today's world, there are no option of going cashless.

1. False

2. True

Q. Which of the following are the factors where consumers prefer online shopping?

1. Timely Delivery
2. Several Products
3. Preferred Brand
4. Convenience
5. Discount
6. Time Consuming
7. Supply of Goods
8. Negotiations

Q. Modern banks provide a facility of electronic fund transfer over the net.

1. False
2. True