Multiple choice

Which of the following is incorrect - a) PIN and password are same terms. b) ATMs are not connected to CBS system. c) Virtual keyboard is conneted via PS/2 port.

  1. Only (a)

  2. Only (b)

  3. Only (c)

  4. (a) and (b)

  5. (a), (b) and (c)

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

All of (a), (b) and (c) are false. a) PIN and password are not the same terms. Password is a combination of characters, numbers and special symbols whereas PIN (Personal Identification Number) is a combination of numbers assigned to ATM card or debit card. b) ATMs are connected to CBS (Core Banking Solution) system. Without a connection to CBS system ATMs cannot provide account services. c) Virtual keyboard is is not a hardware. Virtual keyboard is a keyboard displayed on screen to provide security. Virtual keyboard is an online application which substitutes the actual physical keyboard with a mouse. This virtual keyboard is a safeguard against risks in online banking.