SSC CGL Computer – E-Banking & Digital Payments Basics – Level 2 · Exam Level · Section III pace

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SSC CGL Computer – E-Banking & Digital Payments Basics – Level 2 · Exam Level · Section III pace – 15 questions, subject: Computer Knowledge. Every question has the correct answer with a one-line explanation; tap "Show Answer". Free practice for TNPSC, UPSC, SSC, Bank and RRB exams – Shanmugam IAS Academy, Coimbatore.

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1.  
Match the followingMatch the payment systems with how they settle:
P. NEFT Q. RTGS R. UPI
1. instantly through NPCI 2. individually in real time (gross) 3. half-hourly batches

Correct Answer: D [P-3, Q-2, R-1]

Explanation:

NEFT batches; RTGS gross real time; UPI instant.

2.  
Under netting, in one batch Bank P's customers send ₹ 7,20,000 to Bank Q's customers and Bank Q's customers send ₹ 4,85,000 to Bank P's. What actually moves between the two banks?

Correct Answer: C [₹ 2,35,000 from P to Q]

Explanation:

Netting moves only the difference: 7,20,000 − 4,85,000 = 2,35,000, from P (which owes more) to Q.

3.  
Statement-basedWhich of the following is/are correct?
I. NEFT and RTGS are owned and operated by the Reserve Bank of India.
II. IMPS is operated by the RBI.

Correct Answer: B [Only I]

Explanation:

Answer: Only I. NEFT/RTGS – RBI; IMPS – NPCI.

4.  
Which of the following fits the IFSC pattern?

Correct Answer: A [KLMN0A1B2C3]

Explanation:

4 letters + 0 + 6 characters; the others have 5th = 5, only 3 letters, or only 10 characters.

5.  
Assertion–Reason
A: You must enter your UPI PIN to receive a payment from a friend.
R: The UPI PIN approves a debit from the payer's own account.

Correct Answer: A [A is false but R is true]

Explanation:

A is false – receiving needs only your UPI ID; R is true – the PIN authorises money leaving you.

6.  
In the MICR code 400 123 045 (spaces added), which part identifies the branch?

Correct Answer: C [045]

Explanation:

3-3-3: city (400) – bank (123) – branch (045).

7.  
During a 'refund' call, a caller asks Asha to install a screen-sharing app so that he can 'help' her. Why is this dangerous?

Correct Answer: D [He can see her screen, including OTPs and PINs she types]

Explanation:

A screen-sharing app shows the phone's screen – SMS OTPs and typed details – to the other person; avoid it during payments.

8.  
Which NPCI system is used for bulk and repeating payments such as salaries, pensions and loan EMIs?

Correct Answer: B [NACH]

Explanation:

NACH = National Automated Clearing House – bulk/recurring credits and debits.

9.  
Odd one outThree of these are run by NPCI. Which one is run by the RBI?

Correct Answer: D [RTGS]

Explanation:

RTGS (like NEFT) is owned and operated by the RBI; UPI, IMPS and RuPay are NPCI's.

10.  
Two-quantity comparison
Quantity I: number of characters in an IFSC
Quantity II: number of digits in a MICR code + 2

Correct Answer: C [Quantity I = Quantity II]

Explanation:

QI = 11; QII = 9 + 2 = 11 → equal.

11.  
Trick SpotterA clerk must check quickly whether a 16-digit card number was mistyped. Which method does this?

Correct Answer: C [Luhn check-digit test]

Explanation:

Card numbers carry a Luhn check digit: double alternate digits from the right; total must be a multiple of 10.

12.  
Reverse questionA system settles each transaction individually, continuously and without netting, and is mainly meant for large values. Name it.

Correct Answer: B [RTGS]

Explanation:

Gross, real-time, large-value → RTGS (RBI FAQ).

13.  
Spot My Mistake“Aadhaar-enabled Payment System (AePS) lets you pay with your Aadhaar number and your UPI PIN.” What does AePS actually use with the Aadhaar number?

Correct Answer: A [Fingerprint (biometric) authentication]

Explanation:

AePS = Aadhaar number + biometric at a micro-ATM.

14.  
Which statement about a credit card is correct?

Correct Answer: D [Purchases are paid from the bank's credit and billed monthly]

Explanation:

Credit card = bank's credit, monthly bill; interest if not paid in full.

15.  
Contactless 'tap and pay' with a card or phone at a POS machine uses which short-range technology?

Correct Answer: C [NFC]

Explanation:

NFC = Near Field Communication, a few centimetres' range.

➤ Full notes, shortcuts and every answer explained – SSC CGL 2026 Computer Knowledge book (₹149): www.shanmugamiasacademy.in/study-materials/ssc-cgl-computer-knowledge

📘 SSC CGL 2026 – Computer Knowledge (Tier II Paper I – Section III)
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