E-commerce and M-commerce Questions Practice Question and Answer
3 Q: What is the use of a Mobile Wallet?
344 064b914b12d3130f5753f077a
64b914b12d3130f5753f077a- 1Dialling numbers and watching videosfalse
- 2Callingfalse
- 3Exchange of moneytrue
- 4None of the abovefalse
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Answer : 3. "Exchange of money"
Explanation :
The mobile wallet can be used for the following functions:
1. Payment: Using a mobile wallet, you can make payments both online and offline. You can pay using your mobile wallet at any store, restaurant, or other business that accepts mobile wallets.
2. Money Transfer: Using a mobile wallet, you can transfer funds from your bank account to another person's bank account. You can send money to your friends, family, or any other person using a mobile wallet.
3. Recharge and bill payments: Using a mobile wallet, you can pay your mobile phone, data pack, electricity bill, water bill, and other bills.
4. Point of Sale (POS) Transactions: Using mobile wallets, you can make payments through POS machines. For POS transactions, you simply need to open your mobile wallet app and tap your phone on the POS machine to make a payment.
Q: Which of the following is necessary for filing an Income Tax Return online?
343 064b9222623047f4c71ce0ec5
64b9222623047f4c71ce0ec5- 1Bank statementfalse
- 2Form 16false
- 3Copy of last year's returnfalse
- 4All of the abovetrue
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Answer : 4. "All of the above "
Explanation :
The following are required to file income tax return online:
PAN Card: It is a mandatory document that authenticates you as identity and address proof for filing income tax returns.
Aadhaar Card: This is an optional document that can be used as identity proof.
Form 16: This is a certificate that shows your income and deductions. Your employer provides you with Form 16.
Bank account details: You will use your bank account to pay your return.
Copy of previous year's return: A copy of the previous year's return is also required.
Internet Connection: You will need an internet connection to file your return on the Income Tax Department website.
Q: What is an example of consumer-to-consumer (c2c) in e-commerce?
336 064b9152ce154aff53380e2df
64b9152ce154aff53380e2df- 1www.ebay.intrue
- 2www.Amazon.Infalse
- 3india. Alibaba.Comfalse
- 4None of the abovefalse
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Answer : 1. "www.ebay.in"
Explanation :
1. We live in an eCommerce-centric world where all types of business models are growing at a rapid pace.
2. This model involves electronic transactions between two customers. Typically, they transact through a third party that provides a platform to those two customers. Websites selling second-hand items are examples of the C2C eCommerce model.