This is a contactless smart card that has two chips with the capability of utilizing both contact and contactless formats.
Two additional categories of cards are dual-interface cards and hybrid cards which is mentioned above.
Hybrid Card
A hybrid card has two chips, one with a contact interface and one with a contactless interface. The two chips are not interconnected.
Dual-Interface card
Do not confuse this card with the Hybrid Card. This one has only one chip. A dual-interface card has a single chip with both contact and contactless interfaces. With dual-interface cards, it is possible to access the same chip using either a contact or contactless interface with a very high level of security.
Inner working of the cards
The chips used in all of these cards fall into two categories as well: microcontroller chips and memory chips. A memory chip is like a small floppy disk with optional security. Memory chips are less expensive than microcontrollers but with a corresponding decrease in data management security. Cards that use memory chips depend on the security of the card reader for processing and are ideal for situations that require low or medium security.
A microcontroller chip can add, delete, and otherwise manipulate information in its memory.
A microcontroller is like a miniature computer, with an input/output port, operating system, and hard disk. Smart cards with an embedded microcontroller have the unique ability to store large amounts of data, carry out their own on-card functions (e.g., encryption and digital signatures) and interact intelligently with a smart card reader.
The selection of a particular card technology is driven by a variety of issues, including:
Application dynamics
Prevailing market infrastructure
Economics of the business model
Strategy for shared application cards
Smart cards are used in many applications worldwide, including:
Secure identity applications - employee ID badges, citizen ID documents, electronic passports, driver's licenses, online authentication devices
Healthcare applications - citizen health ID cards, physician ID cards, portable medical records cards
Payment applications - contact and contactless credit/debit cards, transit payment cards
Telecommunications applications - GSM Subscriber Identity Modules, pay telephone payment cards
The following answers are incorrect:
Contact Smart Cards
A contact smart card must be inserted into a smart card reader with a direct connection to a conductive contact plate on the surface of the card (typically gold plated). Transmission of commands, data, and card status takes place over these physical contact points.
Contactless Smart Cards
A contactless card requires only close proximity to a reader. Both the reader and the card have antennae, and the two communicate using radio frequencies (RF) over this contactless link. Most contactless cards also derive power for the internal chip from this electromagnetic signal. The range is typically one-half to three inches for non-battery- powered cards, ideal for applications such as building entry and payment that require a very fast card interface.
Combi Card
Are similar to Hybrid cards only they contain only one set of circuitry as apposed to two.
The following reference(s) were/was used to create this question:
Smart Card Primer at: http://www.smartcardalliance.org/pages/smart-cards-intro-primer

International Standards Organization / Open Systems Interconnection
(ISO/OSI) Layers and Characteristics:
Layers:
1. Physical Layer
2. Data Link Layer
3. Network Layer
4 . Transport Layer
5 . Session Layer
6 . Presentation Layer
7 . Applications Layer
Here's a great mnemonicfor the OSI model: "Please Do Not Throw Sausage Pizza Away".
Source: STEINER, Kurt, Telecommunications and Network Security, Version 1, May 2002,
CISSP Open Study Group (Domain Leader: skottikus), Page 12.

The best passwords are those that are both easy to remember and hard to crack using a dictionary attack. The best way to create passwords that fulfil both criteria is to use two small unrelated words or phonemes, ideally with upper and lower case characters, a special character, and/or a number. Shouldn't be used: common names, DOB, spouse, phone numbers, words found in dictionaries or system defaults.
Source: ROTHKE, Ben, CISSP CBK Review presentation on domain 1