Finance FTA 4003 | Questions with 100% Verified Answers |
Latest Update 2026/2027
Question: What is one of the most important areas for FinTech companies that operate in developing markets?
Question options: 1) Financial inclusion. 2) Insurtech. 3) Better serving those who already have banking
experience. 4) Robo-advising. 5) Providing smart contracts.
Answer: Financial inclusion
Question: Creditworthiness is a critical factor driving Ant Financial and the Chinese economy forward. What
development has primarily allowed Ant Financial to better evaluate consumer credit? Question options: 1)
Blockchain 2) QR codes 3) Mobile payment systems 4) Big Data 5) Consumer behaviors
Answer:
Question: What are the 3 core key pieces of utility that banks traditionally provided? Question options: 1) A
value store, access to credit, & money movement 2) Access to credit, access to debt, & money movement 3) A
value store, access to credit, & loans 4) Money movement, access to debt, & debit cards 5) None of the above
Answer: A value store, access to credit, & money movement
Question: All of the following are forms of AI we are using as consumers except for: Question options: 1) Siri 2)
Alexa 3) Cortana 4) Google Assistant 5) Bing
Answer: bing
Question: In what country is there a near 100% chance that every adult uses mobile banking today? Question
options: 1) U.S. 2) UK 3) China 4) Kenya 5) Canada
Answer: Kenya
Question: What is meant by "the first principles of product design? Question options: 1) Back to the basic for
redesigning well-worn concepts and starting from scratch 2) Substaining your Core concepts that have worked
and increased your revenues 3) Using processes that customers have use for the last decade 4) None of the
above
Answer: Back to the basic for redesigning well-worn concepts and starting from scratch
Question: Which of the following is not a part of banking 4.0? Question options: 1) Banking solutions in real
time 2) Banking experiences across the digital landscape 3) Ability of FinTech startups to create faster and
cheaper experiences than banks 4) AI and cryptocurrencies 5) Face to face banking
Answer: Face to face banking
Question: Of the following, which is a function of banks? Question options: 1) Provide Loans (Access to credit)
2) Take risks for profit on behalf of depositors 3) Be a store of value 4) Cater to business needs 5) None of the
above
Answer: Provide Loans (Access to credit)
Latest Update 2026/2027
Question: What is one of the most important areas for FinTech companies that operate in developing markets?
Question options: 1) Financial inclusion. 2) Insurtech. 3) Better serving those who already have banking
experience. 4) Robo-advising. 5) Providing smart contracts.
Answer: Financial inclusion
Question: Creditworthiness is a critical factor driving Ant Financial and the Chinese economy forward. What
development has primarily allowed Ant Financial to better evaluate consumer credit? Question options: 1)
Blockchain 2) QR codes 3) Mobile payment systems 4) Big Data 5) Consumer behaviors
Answer:
Question: What are the 3 core key pieces of utility that banks traditionally provided? Question options: 1) A
value store, access to credit, & money movement 2) Access to credit, access to debt, & money movement 3) A
value store, access to credit, & loans 4) Money movement, access to debt, & debit cards 5) None of the above
Answer: A value store, access to credit, & money movement
Question: All of the following are forms of AI we are using as consumers except for: Question options: 1) Siri 2)
Alexa 3) Cortana 4) Google Assistant 5) Bing
Answer: bing
Question: In what country is there a near 100% chance that every adult uses mobile banking today? Question
options: 1) U.S. 2) UK 3) China 4) Kenya 5) Canada
Answer: Kenya
Question: What is meant by "the first principles of product design? Question options: 1) Back to the basic for
redesigning well-worn concepts and starting from scratch 2) Substaining your Core concepts that have worked
and increased your revenues 3) Using processes that customers have use for the last decade 4) None of the
above
Answer: Back to the basic for redesigning well-worn concepts and starting from scratch
Question: Which of the following is not a part of banking 4.0? Question options: 1) Banking solutions in real
time 2) Banking experiences across the digital landscape 3) Ability of FinTech startups to create faster and
cheaper experiences than banks 4) AI and cryptocurrencies 5) Face to face banking
Answer: Face to face banking
Question: Of the following, which is a function of banks? Question options: 1) Provide Loans (Access to credit)
2) Take risks for profit on behalf of depositors 3) Be a store of value 4) Cater to business needs 5) None of the
above
Answer: Provide Loans (Access to credit)
