Practice FinTech Applications - 28.4 | 28. Digital Transformation and Financial Technology (FinTech) | Management 1 (Organizational Behaviour/Finance & Accounting)
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28.4 - FinTech Applications

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is a digital wallet? Name one example.

💡 Hint: Think of applications that allow you to pay online.

Question 2

Easy

What does InsurTech refer to?

💡 Hint: Consider technology's role in traditional insurance.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

Which of the following is an example of a digital payment method?

  • NEFT
  • Cheque
  • Cash

💡 Hint: Think about methods that do not involve physical currency.

Question 2

True or False: Robo-advisors require human financial advisors.

  • True
  • False

💡 Hint: Consider if robots can operate without humans.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Explain the potential risks associated with P2P lending for borrowers and lenders.

💡 Hint: Consider what can happen in a direct transaction without a bank's mediation.

Question 2

Evaluate how the growth of neo-banks could impact traditional banking fees.

💡 Hint: Reflect on why traditional banks might need to lower fees.

Challenge and get performance evaluation