The systems 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) Designatedtime 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)