Which of the following is NOT a learning objective for the Digital Skilling Program Day 5?

Develop advanced programming skills for payment gateways.

What is the role of the Royal Monetary Authority of Bhutan (RMA) in the digital payment ecosystem?

To oversee the setting up and operation of payment systems

Which of the following is a feature or service available through mobile banking facilities?

A. Fund Transfer (intra and interbank).

What is a Payment Gateway?

D. A technology platform that facilitates online financial transactions.

Which of the following is NOT a challenge associated with digital payment facilities?

D. Universal 24/7 availability.

What is an Automated Teller Machine (ATM) primarily used for?

D. Withdrawals and deposits, fund transfers, and checking account balance.

What is the RuPay Card Scheme primarily used for by Bhutanese traveling to India?

A. Accessing ATM and POS services.

How are transactions between individuals and parties enabled with QR code payments?

Simply by scanning the QR code of party who is due to receive the payment

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Day 5 Energizer

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Questions 15

Answers

1
Which of the following is a domestic payment gateway?
C. Visa
D. Stripe
B. PINE Pay
A. PayPal
2
How can Indian visitors to Bhutan transact through regional payment systems?
A. By opening a new bank account in Bhutan.
C. By using the SWIFT network.
B. Through the UPI Global QR.
D. By physically exchanging Indian Rupees for Bhutanese Ngultrum.
3
The RMA is responsible for developing mobile banking applications for all banks in Bhutan.
False
True
4
A Payment Gateway is a physical location where cash payments are processed.
False
True
5
What is one of the security best practices regarding sharing OTPs (One-Time Passwords)?
D. OTPs are not sensitive information and can be shared freely.
C . Always share your OTP if someone knows your account number
B. Share your OTP with anyone who asks for it.
A. Think Before You Share OTP!
6
Which of the following is NOT a learning objective for the Digital Skilling Program Day 5?
Identify common security best practices for online payments.
Demonstrate how to perform basic digital transactions.
Develop advanced programming skills for payment gateways.
Understand foundational financial literacy concepts in a digital context.
7
Which mobile application is associated with the Bank of Bhutan Limited (BoBL)?
C. Druk Pay
A. TPay
D. mBoB
B. mPay
8
What is the role of the Royal Monetary Authority of Bhutan (RMA) in the digital payment ecosystem?
D.To develop mobile banking applications for all banks.
A.To directly process all digital transactions in Bhutan.
To oversee the setting up and operation of payment systems
B.To provide financial literacy training to the public.
9
Which of the following is a feature or service available through mobile banking facilities?
C. In-person consultation with a bank manager.
A. Fund Transfer (intra and interbank).
D. Manual ledger entries
B. Physical currency exchange.
10
What is a Payment Gateway?
D. A technology platform that facilitates online financial transactions.
A. A mobile application used for checking bank balances.
B. A physical location where cash payments are processed.
C. A service that issues debit and credit cards.
11
Which of the following is NOT a challenge associated with digital payment facilities?
A. Fraud and data breaches.
C. Technology infrastructure gap.
B. Digital literacy gaps.
D. Universal 24/7 availability.
12
Which of the following is NOT a member bank listed in Bhutan's Digital Payment Ecosystem?
B. T-Bank Limited
C. Bhutan National Bank Limited
D. Bank of Bhutan Limited
A. Himalayan Bank Limited
13
What is an Automated Teller Machine (ATM) primarily used for?
A. Opening new bank accounts.
B. Receiving financial advice.
D. Withdrawals and deposits, fund transfers, and checking account balance.
C. Applying for loans and mortgages.
14
What is the RuPay Card Scheme primarily used for by Bhutanese traveling to India?
D. Online shopping only.
A. Accessing ATM and POS services.
B. Paying for digital services and subscriptions.
C. International fund transfers via SWIFT.
15
How are transactions between individuals and parties enabled with QR code payments?
By signing a physical transaction slip.
By manually entering bank account details.
Through a direct phone call to the bank.
Simply by scanning the QR code of party who is due to receive the payment

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