It is necessary for both buyer and seller to have their account in the ---------E-bank.

• A) Separate
• B) Same
• C) partially same
• D) Any

What is basic advantage of symmetric algorithms?

• A) All of the given
• B) Symmetric algorithms are easy to understand
• C) Symmetric algorithms are faster
• D) Symmetric key does not use any encryption

Coins used in the payment are encrypted with _______ public key

• A) Bank’s
• B) Client's
• C) Merchant's
• D) Cyber wallet's

Which of these payment systems do not involve the use of encryption?

• A) Electronic check
• B) Electronic cash
• C) None of the given
• D) Virtual PIN

At minting stage, the client is _______ by E-Cashbank.

• A) Secret
• B) Unknown
• C) Informed
• D) Known

how many unique key values are possible if a key is 4 bit in length?

• A) 16
• B) 32
• C) 4
• D) 8

Basic difference between Virtual PIN Payment System and Electronic Check is ________.

• A) No. of participants
• B) Encryption
• C) There is no difference between them
• D) Registration with bank

How many are there participants in E-CASH PAYMENT SYSTEM?

• A) Two
• B) Five
• C) Four
• D) Three

At which of the following stage ,Validity of coins is done?

• A) Withdrawal
• B) Minting stage
• C) Deposit stage and Withdrawal
• D) Deposit stage

SETSET(secure Electronic Transaction) was developed in _________.

• A) 1999
• B) 1995
• C) 1997
• D) 1996

Circuit level firewall operate at the ________ Layer.

• A) Transport
• B) Data Link
• C) Presentation
• D) Network

Application gateway firewall operate at ________.

• A) Session Layer
• B) None of Above
• C) Network Layer
• D) Application layer

Which of the following represent correct sequence of steps for electronic check payment system?

• A) Payee’s bank ? Payer’s bank ? Payee ? Payer
• B) Payer’s bank ? Payee’s bank ? Payer ? Payee
• C) Payer’s bank ? Payee ? Payee’s bank ? Payer
• D) Payer ? Payee ? Payee’s bank ? Payer’s bank

Is the name of popular cryptographic System_____.

• A) Pure Gold Privacy
• B) Pretty Good Privacy (PGP)
• C) Pretty Gold Privacy (PGP)
• D) Pretty Gold Privacy

Which type of firewall operates at application layer of the OSI Model?

• A) Application gateway firewall
• B) Packet filter firewall
• C) Proxy server
• D) Circuit level firewall

In symmetric type of cryptography______.

• A) A&B
• B) Different keys are used for encryption and decryption.
• C) Same keys are used for encryption and decryption.
• D) None

Application gateway firewall _______.

• A) Can not block any outgoing HTTP or FTP requests
• B) Can block any outgoing HTTP but not FTP requests
• C) Can not block any outgoing HTTP but FTP requests
• D) Can block any outgoing HTTP or FTP requests

By whom a payer secret code is generated, for proving the payment?

• A) Client
• B) Merchant and client
• C) Seller
• D) E-bank

Which one is the example of Attacks on Public Key Algorithms?

• A) Cryptanalysis
• B) System-based Attacks
• C) Analytical Attacks
• D) Key Search Attacks

PayPal is the eaxmple of which type of payment system?

• A) Centralized Account Payment Model
• B) VIRTUAL PIN PAYMENT SYSTEM
• C) Financial Services Technology Consortium
• D) Electronic Checks