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MS-425 Solved Assignment

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  • Version: 2017 Jan - June

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Soft Copy: Yes
Downloadable File: Yes
University: IGNOU
Course: Master of Business Administration

Q&A of MS-425 Solved Assignment 2017 - Electronic Banking and IT in Banks

Q. What is a Data Warehouse? What is the primary motivation for a bank to implement a data warehouse? Describe the process involved in building a data warehouse.

Answer. A data warehouse is a system used for reporting and data analysis, and is considered ....... Banking sector is facing the challenges from change in customer demographics....... Data Warehouses provide a consolidated data view of the past transactions and is......

Q. What is meant by System Audit? What is its importance in a computerized environment? Describe the basic objectives of System Audit.

Answer. A system audit is the process of collecting and evaluating evidence of an .... Many organizations are spending large amounts of money on IT because they recognise........

Q. (b) Explain the differences between Computer Audit and System Audit.

Answer. A computer audit is a manual or systematic measurable........ . Systems audit is an examination of the management controls within an Information......

Q. What is E-Business? Discuss how is E-Business transforming key Business processes by using Internet Technologies.

Answer. E-business is the conduct of business processes on the ....... You have retailers that sell directly to the consumer....... E-business is the transformation of key business processes through......

Q. (b) Distinguish between E-Business and E-Commerce.

Answer. E-commerce is any transaction completed over a computer-mediated network that involves the...... E-business is broader than e-commerce; including the transaction based e-commerce.....

Q. Describe the situations under which a person is said to have committed computer crime.

Answer. Cybercrime is crime that involves a computer and a ...... There is an endless list of possible crimes that can occur through use of the Internet..... Hacking is one of the most well-known types of computer...... Some of the most serious computer crimes have nothing to do with making.............

Q. (b) Explain the computer crimes falling under the categories of Physical crimes, Software related crimes and Data related crimes in the context of a Bank.

Answer. computer crimes..........

Q. Explain the major groups into which the Banking software can be broadly categorized to support its diverse functions.

Answer. With the advent of technology every big bank makes customized software as per its own...... Typically banking software refers to Core Banking Software and its interfaces........ The banking software can be categorized into the .......

Q. (b) Describe the features required for an Online Banking Website with the help of a Bank’s Website.

Answer. Online banking is an electronic payment system that enables ...... . Online banking facilities typically have many features and capabilities...... A bank customer can perform tasks....... Viewing account balances.....

Product: MS-425 Solved Assignment 2017

Course: IGNOU MBA (Master of Business Administration)
Session: Jan - June 2017
Subject: Electronic Banking and IT in Banks

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