Question 15
How do online payment companies make money?
Interest from loans/credit
Transaction fees (a small cut from the transaction)
Monthly subscription
Both Interest from loans/credit and transaction fees
BDM End Term 1 Sept 2024 — Question 15
Show answer
Correct answer
Both Interest from loans/credit and transaction fees
Question 15 of 23 in the IIT Madras BS Business Data Management (BDM) End Term paper sat on 1 Sept 2024, in the May 2024 term (IIT M FOUNDATION DIPLOMA FN EXAM QDF1 01 Sep 2024). It carries 1 mark.
More questions from this paper
- In the economic flow, what role do households typically play?
- What are the roles that the Government plays in the economic circular flow model?
- What kind of goods’ demand decreases as income increases?
- For the Data Given below, which function would you use to count the number of salespeople who exceeded both their Q1 an…
- Which of the following is a comprehensive data source that covers every single household in a country?
- Which of the following is an example of a non-government data source?
- The number of heavy vehicle driving licenses issued can be used as a _ of the potential market size for trucks. (Fill i…
- Which of the following statements best describes the difference between a niche market and a mass market?
- What does ABC analysis primarily focus on?
- Which of the following statements is not true about the benefits of implementing an ERP system?
- Which of the following is typically not a component of the “job description”?
- Figure question
- Company Orange wants to recruit Software Engineers for its new project. The hiring manager was tasked with choosing the…
- When should A/B test be done?
- What role does personalized recommendation play in nudging consumers on e-commerce sites?
- Match the Following
- A customer makes a transaction through an online payments platform ‘PayKaro’ using ‘BCCI Bank Credit Card’ in Klipkart …
- | SKU | Product Name | Unit Price | Monthly Sales 1 | Monthly Sales 2 | Monthly Sales 3 | Monthly Sales 4 | Monthly Sal…
- | SKU | Product Name | Unit Price | Monthly Sales 1 | Monthly Sales 2 | Monthly Sales 3 | Monthly Sales 4 | Monthly Sal…
- | SKU | Product Name | Unit Price | Monthly Sales 1 | Monthly Sales 2 | Monthly Sales 3 | Monthly Sales 4 | Monthly Sal…
- The Data given is of Shaktimaan Industries who manufacture specialized components for Aerospace application for the mon…
- The Data given is of Shaktimaan Industries who manufacture specialized components for Aerospace application for the mon…