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| Neb English Support Class 12 |
Unit 6 Money and Economy Class 12 | Language Development QR Code | Compulsory English by Suraj Bhatt
Unit: 6 Money and Economy: QR Code
BEFORE YOU READ
a. How do you usually pay for the things you buy?
Answer:
I usually pay in cash for the things I buy.
b. Have you ever paid using QR Codes? Share your experiences.
Answer:
No, I haven't ever paid using QR Codes.
WORKING WITH WORDS
A. Match the given words with their meanings.
Words Meanings
a. prominent 》vi. standing out so as to be seen easily, conspicuous
b. vulnerable 》 iv. exposed to the possibility of being attacked / harmed
c. potentially 》viii. with the capacity to develop or happen in the future
d. transaction 》i. an instance of buying or selling of something
e. initiatives 》 ii. the power or opportunity to do something before others do
f. launched 》iii. to introduce a new plan or product
g. enduring 》ix. lasting over a period of time; durable
h. robust 》v. strong and unlikely to break or fall
B. There are different abbreviations used in the text. With the help of the internet, find their full forms.
QR: Quick Response
ISO: International Organization for Standardization
IEC: International Electrotechnical Commission
URLs: Uniform Resource Locator
EMVCo: Europay, Mastercard, and Visa Companies
PIN: Personal Identification Number
C. Pronounce the following words and identify the vowel sounds /ʊ/ and /u:/. You can take help from a dictionary.
put, push, boom, fool, food, hood, loose full, bull, book, foot, boost, groom, moon, soon, look, hook, cook, should, soot, room, soothe, stood
Answer:
put 》/pʊt/
push 》/pʊʃ/
boom 》/buːm/
fool 》 /fuːl/
food 》/fuːd/
hood 》/hʊd/
loose 》/luːs/
full 》/fʊl/
bull 》/ˈbʊl/
book 》/bʊk/
foot 》/fʊt/
boost 》/buːst/
groom 》/ɡɹuːm/
moon 》/muːn/
soon 》/suːn/
look 》/lʊk/
hook 》/hʊk/
cook 》/kʊk/
should 》 /ʃʊd/
soot 》/sʊt/
room 》/ɹuːm/
soothe 》/suːð/
stood 》/stʊd/
COMPREHENSION
A. Decide whether these statements are True or False. Write NOT GIVEN if you do not find the information.
a. The system of QR codes was first launched in South Asia. 》False
b. The standards of payments via the QR codes were approved by EMVCo. 》 False
c. All sorts of businesses are aided by the QR code payments. 》Not given
d. There are several models to the QR code payment service. 》False
e. In countries like Nepal, the QR code paying system is a complete fiasco. 》Not given
f. The QR codes payment service is not applicable to small business. 》False
B. Answer the following questions.
a. How can one pay with QR codes paying system?
Answer:
With the QR codes-paying system, one can pay by scanning a QR code displayed on their smartphone.
b. How did Tencent and Alibaba companies utilise the QR code services at the beginning?
Answer:
For payments, Tencent and Alibaba companies utilised QR code services by adopting proprietary standards developed by EMVCo in 2017 at the beginning.
c. How do the QR code based payment services launched by Visa and Mastercard mitigate payment problems?
Answer:
The QR code-based payment services launched by Visa and Mastercard mitigate payment problems, with a focus on emerging economies. Both Visa and Mastercard are focusing on merchant-presented QR codes, whether static or dynamic. Both have secured transactions where a card pin is used.
d. Why do we need a scheme operator to run the QR code based payment system?
Answer:
We need a scheme operator to run the QR code-based payment system because a scheme operator is responsible for branding at acceptance points, defining the scheme rules, and providing a mechanism for handling disputes and exceptions.
e. What basic requirements are needed to use the QR codes services?
Answer:
To use the QR code services, customers should download their bank's mobile banking apps onto their smartphones and personalise the apps with their accounts' details. There is no requirement for specific enrollment to use QR codes.
f. How can security concerns related to payment via QR codes be addressed?
Answer:
Security concerns related to payment via QR codes can be addressed through the use of merchant IDs, registration, and real-time notification of payment.
g. Who should be more careful: customer or the merchant in terms of payment issues? Why?
Answer:
The customer should be more careful in terms of payment issues because if the app displayed the merchant's name, he or she could check that it was correct. This could be part of more robust protection achieved through the use of a digital signature, so that the merchant ID and merchant name are authenticated by the mobile banking app as well as the customer before the payment is made.
h. Do you think the QR code based payment can be a panacea for all sorts of payment problems? Why?
Answer:
No, I don't think QR code-based payments can be a panacea for all sorts of payment problems. It is an expensive and complex transaction as it requires smart phones and talent.
CRITICAL THINKING
a. Some business houses, shops and department stores in city areas have started to adopt QR code payment systems in Nepal, too. What should be done to make it more accessible? Discuss.
Answer:
At present, the QR code payment system is one of the most popular payment systems in the world. In our country, Nepal, too, we find the usage of this payment system in different places. In the present time, this system has been used by most merchants as well as customers.
In the present time, most traders, such as business houses, department stores, restaurants, local vendors, etc., are easily accepting QR code payment systems. Most consumers find this payment system to be the easiest way to transact.
In the past, various things were shared to make transactions. Presently, payment can be made through a check, wire transfer, debit or credit card, or QR code. This type of payment system is very useful in a place where people are familiar with technology or the digital world; otherwise, it is a hassle. Although a large number of people in Nepal are unfamiliar with this payment system, some business houses, shops, and department stores in the cities have adopted this method of payment. There are many remote areas in our county, and people do not have access to the internet or technical knowledge.
To make the QR code payment system more accessible in Nepal, the following important things should be considered:
▪︎ There should be the availability of fast internet facilities to use this system.
▪︎ There should be technical knowledge among people regarding this digital payment system.
▪︎ The government should launch this payment system all over Nepal along with public awareness programmes.
▪︎ People should be taught about its safety and reliability.
b. The payments landscape is shifting gears from cash to digital mode. Digital payment brings ease and convenience to the consumer. Is it possible to apply such cashless methods in payments in Nepal? Discuss.
Answer:
In the past, most Nepali people believed in cash and checks for the payment system. Most people prefer to do business in cash rather than with checks. Gradually becoming acquainted with the digital world, easy access to the internet, and smartphones, most people in urban areas prefer to buy goods through the digital payment system. Instead of paying cash bills for services, goods, and utilities and investing in the stock market, they prefer to use digital wallets like Wallet, Esewa, MyShare, and Connect IPS. Most of the banks are also providing mobile banking and internet banking services to their customers at present. Thus, the payment landscape is shifting gears in digital mode. This digital mode of payment has made the payment system quite convenient and faster. In the past, people had to spend time and effort to pay in cash. They had to wait for their turn to pay utility bills like telephone, electricity, and water by visiting the counters. But in the present, paying bills in digital mode makes people's lives so easy. They can easily pay the bills in different sectors while sitting at home using their smartphones. People also pay school fees digitally nowadays. Consumers and merchants are feeling quite comfortable making payments and transactions in digital mode.
This method of payment is complicated, although it reduces our time. In terms of safety, this payment method is quite secure among all sorts of payment systems. In the world, we have even heard about hacking by the hackers in this payment system. In the context of Nepal, most people, as well as financial institutions, are unfamiliar with this mode of payment. Nepal is a less developed country where we cannot find proper internet access. This type of payment system needs high-speed internet. There is a lack of knowledge among people about using this payment system. To implement digital payment systems all over Nepal, it is very important to solve the above-mentioned problems regarding the digital mode of payment in Nepal.
WRITING
A. Punctuate this paragraph with appropriate punctuation marks.
it was a cold freezing day it had been snowing all day in new york mr tim cooked and i went outside to play in the snow we had not seen much snow since we went to skiing in sweden last year mrs smith was right because she had said that we’d see snow the next day we had really a wonderful time there didn't we
Answer:
It was a cold freezing day. It had been snowing all day in New York. Mr. Tim cooked and I went outside to play in the snow. We had not seen much snow since we went to skiing in Sweden last year. Mrs. Smith was right because she had said that we'd see snow the next day. We had really a wonderful time there, didn't we?
B. Write a news article about digital payment systems in Nepal.
Answer:
Digital Payment Systems in Nepal
Kathmandu Post
2021-07-11
Digital trading, or payment, is a kind of payment where there is no use of physical exercise. This kind of payment system is completely different from the past payment system. In digital payments as well as transactions, consumers need not visit the bank or stand in a queue. Nowadays, due to the COVID-19 crisis, most people are interested in digital payment systems. Most people in the world are doing trade through the use of digital payment systems. In the context of Nepal too, this mode of payment system is getting more popular day by day. In this time of economic crisis, most people in Nepal are using this payment system in their daily lives. The interest of the public in this payment system has increased in Nepal. This payment system has gained popularity all over the world. Due to its growing popularity, the Nepal Rastriya Bank of Nepal has tried its best to boost the digital payment system all over the country.
The digital payment system in Nepal just started a few years ago. In Nepal, Nabil Bank was the first commercial bank that initially started the digital mode of business.
As per the existing digital payment policy, money will be transferred from one account of a bank or financial institution to another account of the same bank or financial institution under the authority of the NRB. Taxes, river fines, car fees, registration fees, and service fees paid to the appropriate government agency can be paid in many forms. Similar payments can be made for electricity and telecom services, as well as drinking water, insurance premiums, and social security allowances. Schools and colleges, hospitals, as well as air and ground transport services, as well as hotels and restaurants, charge their clients to pay bills and trade shares with registered securities brokers.
Digital commerce has also brought about a big change in Nepal. Doing business through this medium has saved time, reduced corruption, and curbed criminal activities. Digital technology can be used for cashless transactions to help the economy work more smoothly. Digital services like Branchless Financial Cura, POS Machine, Debit Credit Card, Smart Banking, and PhonePay provide secure banking transactions.
GRAMMAR
Questions
A. Look at the following questions and say what type of questions they are.
a. Do you like this country?
Answer: Choice question
b. Where is she from?
Answer: Wh question
c. How many eggs do we need for this cake?
Answer: Wh question
d. Whose children are playing in the yard?
Answer: Wh question
e. Does she like ice cream or sweets?
Answer: Yes/no question
f. She sent him an invitation, didn’t she?
Answer: Question tag
g. Could you tell me if the doctor is available?
Answer: Indirect question
h. Do you know how tall they are?
Answer: Indirect question
English has several types of questions: yes/no questions, wh-questions, choice questions, tag questions and indirect questions.
B. Choose the correct words from the box to complete the sentences.
do you is can where did does did
a. ……… your friend a scientist? – No, he's an artist.
Answer: Is
b. ……… Naresh live in Kathmandu? – No, he lives in Pokhara.
Answer: Does
c. When …….. you get home? – I got home yesterday.
Answer: did
d. What time …….. you get up? – I get up at 6:00.
Answer: do
e.……… the children go to the part? – Yes, they went there after school.
Answer: Did
f. Are ……… going to school? – No, I'm going home.
Answer: you
g.……. you speak Chinese? – Just a little.
Answer: Can
h.…….. did you grow up? – I grew up in Okhaldhunga.
Answer: Where
C. Make wh-questions so that the words in bold become the answer.
a. Romeo loves Juliet.
Answer: Whom does Romeo love?
b. My mother made a delicious bread yesterday.
Answer: What did your mother make yesterday?
c. The music was composed by Narayan Gopal.
Answer: By whom the music was composed?
Or: Who was the music composed by?
d. I'm looking for a new book.
Answer: What are you looking for?
e. They were talking about the new movie.
Answer: What were they talking about?
f. She got the idea from a story.
Answer: Where did she get the idea from?
g. She always goes to school on foot.
Answer: How often does she go to school?
h. She sometimes goes to the cinema.
Answer: How often does she go to the cinema?
i. They have been waiting for three years.
Answer: How long have they been waiting for?
D. Change these indirect questions into direct ones.
a. Could you tell me where the Market Street is?
Answer:
Where is the Market Street? Could you tell me....?
b. I'm longing to know what time the bank opens.
Answer:
What time does the bank open? I'm longing to know...
c. Do you have any idea how he's managed to get in shape so quickly?
Answer:
How has he managed to get in shape so quickly? Do you have any idea....?
d. I'd like to know how much this motorcycle costs these days.
Answer:
How much does this motorcycle cost these days? I'd like to know...
e. Did you notice if he had left the car in the park?
Answer:
Had he left the car in the park? Did you notice...?
f. Have you found out if the train has left?
Answer:
Has the train left? Have you found out...?
g. I was wondering if they speak English well.
Answer:
Do they speak English well? I was wondering.....
h. Would you tell us how we can get to the post office from here?
Answer:
How can we get to the post office from here? Would you tell us......?
i. Do you remember if I locked the front door?
Answer:
Did I lock the front door? Do you remember.......?
SPEAKING
Expressing necessity
A. Observe these sentences carefully. What function do they serve: express necessity or express lack of necessity?
a. He doesn't have to get up early.
》lack of necessity
b. I needn't have taken my raincoat.
》 lack of necessity
c. You must come here early tomorrow.
》necessity
d. I don't need to take my umbrella. It isn’t raining here.
》lack of necessity
e. They won't have to take their thick clothes. It won't be cold there.
》lack of necessity
B. Act out the given conversation in pairs. When you finish, underline the phrases that express necessity or lack of necessity.
Teacher : You don't have to write a long essay; a short one would be OK!
Student : What about the grammar exercise? Do we need to revise the lesson?
Teacher : No, you needn't do the exercise at home as we will surely do it together in the next English lesson.
Student : OK! Good bye sir.
Teacher : Good bye!
Answer:
》You don't have to write a long essay 》lack of necessity
》Do we need to revise the lesson? 》necessity
》 No, you needn't do the exercise at home as we will surely do it together in the next English lesson. 》lack of necessity
C. Choose one word from the box and one phrase from the list, and make meaningful sentences with a justification. One example has been done for you.
mustn't drive fast
You mustn't drive fast because you might have an accident.
must mustn't need to needn't
a. lose your keys
Answer:
You mustn't lose your keys because you might get into trouble.
b. go to the bank
Answer:
You need to go to the bank because you might be cashless on the way.
c. eat too much
Answer:
You needn't eat much because we might stop for breakfast in the next stop.
d. be late for class
Answer:
You mustn't be late for class because you might miss important lecture.
e. get up early
Answer:
You must get up early because you might get time for your physical activities.
f. see the doctor
Answer:
You must see the doctor because you might get into trouble.
g. wash your hair
Answer:
You need to wash your hair because they might check your hair style.
h. study hard
Answer:
You must study hard because you might fail your exam.
i. stop smoking
Answer:
You must stop smoking because your lungs might get damaged.
j. have a shower
Answer:
You needn't have a shower because it might get cold there.
k. your hair cut
Answer:
You must have your hair cut because you might take an interview for job.
l. talk loudly
Answer:
You mustn't talk loudly because they might expel you out from the library.
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