The system’s costs are projected at
which stage of the SDLC?
(a) Planning and Analysis
(b) Design
(c) Implementation
(d) Operation and Maintenance
Answer: (b)
Which of the following is not the
essential characteristic of the strategic
types of information?
(a) Simulated “what if” information of a short-term nature
(b) Competitive actions
(c) Demographic studies
(d) Customer actions
Answer: (a)
Which of the following is not the
essential characteristic of Decision
Support System?
(a) Output directed to organization personnel at all levels
(b) Comprehensive database
(c) Adaptive system over time
(d) None of these
Answer: (d)
In project management, which of the
following does not show precedence
relationship among the tasks and
milestones of the project?
(a) Gantt Chart
(b) PERT
(c) CASE Tools
(d) None of these
Answer: (a)
Which of the following is not the
layer in data warehouse architecture?
(a) External database layer
(b) Metadata layer
(c) Data staging layer
(d) None of these
Answer: (d)
Which of the following is the approach
that a data mining tool uses?
(a) Association
(b) Classification
(c) Clustering
(d) All of the above
Answer: (d)
In MICR how many digits are available
for amount?
(a) 13
(b) 11
(c) 10
(d) 9
Answer: (a)
Real tile gross settlement system is
(a) Net settlement system
(b) Designated–time settlement system
(c) Designated-time net settlement system
(d) None of these
Answer: (d)
What is the message flow structure
in our RTGS System?
(a) V
(b) Y
(c) L
(d) T
Answer: (b)
Which of the following is the queue
processing and reordering in RTGS?
(a) FIFO
(b) Bypass FIFO
(c) FIFO with prioritization
(d) All of the above
Answer: (d)
Which of the following is not correct
for SFMS?
(a) Uses Text messages
(b) Uses server signing PKCs
(c) Uses server encryption PKCs
(d) Access can be restricted to HTTPS
Answer: (a)
Which of the following is not the
type of smart cards?
(a) Stored Value Cards
(b) Re-loadable and disposable cards
(c) Closed and open stored value cards
(d) None of these
Answer: (d)
In RTGS, IDL is
(a) Intra Day Liquidity
(b) Inter-bank Debit List
(c) Instrument Debit List
(d) None of these
Answer: (a)
FEDWIRE is a
(a) Net settlement system
(b) Gross Settlement system
(c) Deferred net settlement system
(d) Deferred gross settlement system
Answer: (b)
CHIPS is a
(a) Net settlement system
(b) Gross settlement system
(c) settles in forex currency only
(d) a & c both
Answer: (a)
Structured Financial Messaging
System (SFMS) is for
(a) Inter-bank messaging
(b) Intra Bank messaging
(c) RTGS
(d) All of the above
Answer: (d)
Electronically, customers fund can
be transmitted across the bank by
(a) CENTRALISED BANKING SYSTEM
(b) SFMS
(c) RTGS
(d) ATMS
Answer: (c)
Which of the following is not the
basic objective of the System Audit?
(a) Safeguarding assets
(b) Maintaining process integrity
(c) Maintaining data integrity
(d) None of these
Answer: (d)
Which of the following functionality
can be accomplished by generalized
audit software?
(a) Evaluating the quality of data
(b) Evaluating the quality of system processing
(c) Analytical review
(d) All of the above
Answer: (d)
Which of the following technique is
used for concurrent audit?
(a) Integrated Test facility (ITF)
(b) System Control Audit Review File (SCARF)
(c) Continuous and Intermittent Simulation (CIS)
(d) All of the above
Answer: (d)