Basic HTML Version

|  | Table of Contents |  | View Full Version

Page 136 - CT&AI_CLasa_7_Part_1
P. 136

    DECOmPOsItIOn
                                                                                    (a)  Savings → idle storage → reduced
                      6.  Which option best decomposes the process                     circulation → slow growth
                         of a UPI transaction?                                      (b)  Deposits → lending → investment

                                (a)  Scan QR → enter PIN → App                         in business → economic expansion
                                   sends request to bank → NPCI                     (c)  Loans → deposits → savings →
                                   verification → transfer completed                   reduced output
                                (b)  Enter PIN → withdraw cash →                    (d)  Interest → withdrawal → hoarding
                                   deposit → confirmation                              → stagnation
                                (c)  Visit bank → fill slip → wait for     9.  Which sequence correctly represents the
                                   approval → transfer                       concept of compounding?

                                (d)  Issue cheque → manual                          (a)  Interest on principal only → fixed
                                   verification → delay → transfer                     growth
                      7.  Which option breaks down how banks earn                   (b)  Interest on principal → add to
                         profit?                                                       total → interest on new total →
                                                                                       accelerated growth
                                (a)  Collect deposits → pay higher
                                                                                    (c)  Deposit → withdrawal → no
                                   interest → incur loss                               growth
                                (b)  Borrow money → lend less →                     (d)  Loan → repayment → loss
                                   reduce earnings
                                (c)  Pay lower interest on deposits →    10.  If digital payment systems suddenly stop
                                   charge higher interest on loans →         working, which outcome is most likely?
                                   retain difference                                (a)  Faster economic transactions.
                                (d)  Avoid lending → increase reserves
                                                                                    (b)  Increased dependence on cash
                    aLgOrItHmIC tHInkIng                                               and slower transfers.

                      8.  Which sequence best explains how banks                    (c)  Elimination of fraud.
                         convert individual savings into economic
                         growth?                                                    (d)  Increase in stock market prices.

                                       A bank recorded the number of transactions made using different payment methods
                                       in one day:
                                                   Payment method                       number of Transactions
                                                   ATM Withdrawals                                 120
                                                   Debit Card (POS)                                150
                                                   Internet Banking                                90
                                                     UPI Payments                                 240

                                       Based on this data, three students make the following statements:
                                       •  A says: “UPI transactions are more than the combined total of ATM and Internet
                                          Banking transactions.”
                                       •  b says: “Debit Card transactions are exactly half of UPI transactions.”

                                       •  c says: “ATM transactions are the least among all methods.”
                                       Who is correct?
                                                  (a)  A             (ii) B          (iii) C        (iv) None of them

                    134        Computational Thinking-7 (Social Science)

| 131 132 133 134 135 136 137 138 139 140 141 |