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Business Data Management · End Term · 1 Sept 2024 · May 2024 term

Question 18: A customer makes a transaction through an online payment…

Question 18

+2 marksOne correct option

A customer makes a transaction through an online payments platform ‘PayKaro’ using ‘BCCI Bank Credit Card’ in Klipkart to buy a shoe. Which of the following is true chronologically?

  1. A

    Customer pays BCCI, BCCI pays Klipkart, Klipkart pays PayKaro

  2. B

    BCCI pays PayKaro, PayKaro pays Klipkart, Customer pays BCCI

  3. C

    Customer pays BCCI, BCCI pays PayKaro, PayKaro pays Klipkart

  4. D

    Customer pays PayKaro, PayKaro pays BCCI, BCCI pays Klipkart

Show answer

Correct answer

  • B

    BCCI pays PayKaro, PayKaro pays Klipkart, Customer pays BCCI

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Question 18 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 2 marks.

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