N. S. Toor Solutions for Chapter: Information Technology & Banking, Exercise 1: OBJECTIVE TYPE QUESTIONS ON INFORMATION TECHNOLOGY & BANKING

The following takes multiple low-speed lines and combines their individual data transmission capacity needs so that a specific group of them can be transmitted on a single high speed line?

a. Protocol

b. Topology

c. Multiplexer

d. Token ring

A computer network is created to share:

a. Hardware

b. Software

c. Data

d. Different locations

The following is helpful in proper functioning of a computer system:

a. Exceptional transaction report

b. Providing the latest software and hardware

c. Generation of audit trails

Under NEFT, in case of a holiday at the beneficiary branch, the credit will have to be effected on a:
(a) value dated basis wherever feasible or
(b) latest at the commencement of business on the next working day
(c) next day

What is the time for customer transactions (initial cut-off) under RTGS for Saturday day?

What is the time for banking transactions (final cut-off) under RTGS for Saturday day?

What is the time for customer transactions (initial cut off) under RTGS for a normal day?

RBI’s VSAT network called Indian Financial Network (INFINET) has been set up at Hyderabad on recommendations of: