Page 136 - CT&AI_CLasa_7_Part_1
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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






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