BCA Semester 5 – MIS and e-Business – Unit 5: E-payment systems (6Hrs)
Comprehensive questions and detailed answers for Unit 5: E-payment systems (6Hrs). Perfect for exam preparation and concept clarity.
What is e-checking? Describe its working mechanism.
Explain cryptocurrency with its legal provisions in Nepal. How is it different from virtual currency?
"The use of electronic payment systems has significantly increased in Nepal in recent years". In this context, explain the trend of cashless transaction in Nepal along with the benefits and downsides of digital payment systems and cashless economy.
What is virtual currency? Explain the different types of virtual currencies popular in the market.
Write short notes on: a) ACH b) Cryptography and its types
What is Bitcoin? Explain the advantages and disadvantages of using bitcoin for payment.
Sample Questions
Explain cryptocurrency with its legal provisions in Nepal. How is it different from virtual currency?
"The use of electronic payment systems has significantly increased in Nepal in recent years". In this context, explain the trend of cashless transaction in Nepal along with the benefits and downsides
What is virtual currency? Explain the different types of virtual currencies popular in the market.
Write short notes on: a) ACH b) Cryptography and its types
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