MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
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Which of the following is not a feature of internet banking?

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Important Questions on Information Technology & Banking

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Where the physical movement of a paper cheque is stopped and for collecting the payment, its image is used by the collecting bank:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
A cheque can be truncated in the clearing process, by:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
After truncation, the paper cheque is kept in the custody of:
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
With a view to authenticate the electronic image of the truncated cheque, the bank or clearing house that truncates the cheque:
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Bihar Cooperative Bank Assistant Mains
IMPORTANT
Truncation of a cheque can be done by using:
(a) MICR data
(b) Image processing
(c) Computer software and hardware
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
When truncation of cheque is done by using MICR date:
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Bihar Cooperative Bank Assistant Mains
IMPORTANT
For storage of data, when the data is captured on microfilm, the process is called:
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
An electronic purse has the maximum _____ no. of storage space.