1: When was PhonePe founded?
a) 2012
b) 2015
c) 2016
d) 2018
Answer: c) 2016
2: Which Indian company is the parent organization of PhonePe?
a) Flipkart
b) Paytm
c) Amazon India
d) Google India
Answer: a) Flipkart
3: What type of services does PhonePe primarily offer?
a) E-commerce
b) Social networking
c) Digital payments
d) Food delivery
Answer: c) Digital payments
4: Which of the following payment methods can be used on PhonePe?
a) Credit/Debit Cards
b) UPI (Unified Payments Interface)
c) Wallets
d) All of the above
Answer: d) All of the above
5: What is the maximum transaction limit for UPI transactions on PhonePe?
a) ₹10,000
b) ₹25,000
c) ₹50,000
d) ₹1,00,000
Answer: c) ₹50,000
6: Which feature of PhonePe allows users to invest in mutual funds?
a) PhonePe Gold
b) PhonePe Switch
c) PhonePe Wallet
d) PhonePe Protect
Answer: b) PhonePe Switch
7: What is PhonePe’s virtual debit card called?
a) PhonePe Card
b) PhonePe Virtual
c) PhonePe UPI Card
d) PhonePe Platinum Card
Answer: a) PhonePe Card
8: Which security feature does PhonePe use for UPI transactions?
a) OTP (One-Time Password)
b) Biometric authentication
c) PIN (Personal Identification Number)
d) All of the above
Answer: d) All of the above
9: What is PhonePe’s customer support helpline number?
a) 1800-123-4567
b) 080-68727374
c) 011-45561000
d) PhonePe does not have a helpline number
Answer: d) PhonePe does not have a helpline number
10: In which country did PhonePe launch its international money transfer service?
a) United States
b) United Kingdom
c) Canada
d) Singapore
Answer: b) United Kingdom
11: What is the maximum cashback limit for transactions made using PhonePe?
a) ₹50
b) ₹100
c) ₹200
d) ₹500
Answer: d) ₹500
12: Which feature on PhonePe allows users to pay utility bills, book flights, and order food?
a) PhonePe Gold
b) PhonePe Switch
c) PhonePe Wallet
d) PhonePe Protect
Answer: b) PhonePe Switch
13: What is the limit for transferring money through PhonePe’s wallet?
a) ₹10,000 per day
b) ₹25,000 per day
c) ₹50,000 per day
d) ₹1,00,000 per day
Answer: b) ₹25,000 per day
14: Which insurance feature is offered by PhonePe for mobile screen damage?
a) PhonePe Gold
b) PhonePe Switch
c) PhonePe Wallet
d) PhonePe Protect
Answer: d) PhonePe Protect
15: In which year did PhonePe launch the “PhonePe for Business” app?
a) 2018
b) 2019
c) 2020
d) 2021
Answer: c) 2020
16: What is the term used for the QR code-based payment feature on PhonePe?
a) PhonePe Scan
b) PhonePe Pay
c) PhonePe Scan & Pay
d) PhonePe Code
Answer: c) PhonePe Scan & Pay
17: How does PhonePe secure transactions on its platform?
a) Two-Factor Authentication (2FA)
b) Three-Factor Authentication (3FA)
c) Four-Factor Authentication (4FA)
d) Single-Factor Authentication (SFA)
Answer: a) Two-Factor Authentication (2FA)
18: Which bank is PhonePe’s primary partner for UPI transactions?
a) State Bank of India (SBI)
b) HDFC Bank
c) ICICI Bank
d) Axis Bank
Answer: a) State Bank of India (SBI)
19: What is the maximum limit for the PhonePe Switch Wallet?
a) ₹5,000
b) ₹10,000
c) ₹25,000
d) ₹50,000
Answer: b) ₹10,000
20: What is PhonePe’s tagline?
a) “Switch to a Better Life”
b) “Cashback ka Chakkar, PhonePe ka Sikandar”
c) “Payments Made Easy”
d) “Your Money, Your Way”
Answer: c) “Payments Made Easy”