Banking

 Banking Technology 

 

MCQs – JAIIB  Principles & Practices of Banking – MODULE C- BANKING TECHNOLOGY 

 

1) ‘PIN’ in Smart Card is called --- 

A) Permanent Index Number 

B) Personal Identification Number 

C) Personal Index Number 

D) Permanent Identification Number  

 

2) The  usage of word  “ATM” in the banks  connotes – 

A) Automated Teller Machine 

B) Automated Teller Machine 

C) Accounts Transacting Machine 

D) Automated Tallying Machine 

 

3) A collaborative network that uses Internet Technology to link business with their 

suppliers is --- 

A) Internet 

B) Intranet 

C) Extranet 

D) WAN 

 

4) ‘MICR’ technology used for clearance of cheques by banks refers to – 

A) Magnetic Ink Character Recognition 

B) Magnetic Intelligence Character Recognition 

C) Magnetic Information Cable  Recognition 

D) Magnetic Insurance Cases Recognition 

 

5) “Buy Now – Pay Now” is commonly used for --- 

A) Debit Cards 

B) Vault Cards 

C) Credit Cards 

D) E-purse 

 

6) Open Systems Interconnection (OSI) Model consists of – 

A) 5-layers 

B) 6-layers 

C) 7-layers 

D) 8-layers 

 

7) Internet is – 

A) Network of LAN 

B) Network of ATMs 

C) Network of  ALPMs 

D) Network of  Networks 

 

 

 

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 Banking Technology 

 

8) A passive threat to computer security is : 

A) Malicious Intent 

B) Sabotage 

C) Accidental Errors 

D) Espionage Agents 

 

9) Threats of physical damage to the hardware is from – 

A) Natural Calamities 

B) Power Fluctuations 

C) Electro Magnetic Effects 

D) All of these 

 

10) ‘DOS’ floppy disk does not have – 

A) A Boot Record 

B) A File Allocation Table  

C) A Root Directory 

D )Virtual Memory 

 

11) The network interface card of LAN is related to following layer of OSI Model 

A)Transport 

B)Network 

C)Data Link 

D)Physical 

 

12) A result of a computer virus cannot lead to 

A) Disk  Crash 

B) Mother Board Crash 

C) Corruption of program 

D) Deletion of files 

 

13) irewalls are used to protect against 

A) Unauthorised Attacks 

B) Virus Attacks 

C) Data Driven Attacks 

D) Fire Attacks 

 

14) Data related crime does not incorporate 

A) Data Didling 

B) Data Spying 

C) Data Leakage 

D) Data Mining 

 

15) The highest percentage of victims of computer crime are in – 

A) Banks 

B) Commercial Users 

C) Government  

D) University 

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 Banking Technology 

 

 

16) The ____ converts digital signals to analog signals for the purpose of transmitting data 

over telephone lines 

A) Modem 

B) Router 

C) Gateway 

D) Bridge 

 

17) The ___ directory is mandatory for every disk 

A)   Root 

B)   Base 

C)   Sub 

D)   Case 

 

18)  The management level responsible for making long range strategic decisions 

about which products and services to produce is the – 

A) Technology Level 

B) Application Level 

C) Operational Level 

D) Top Level 

 

19) In the online world of electronic commerce, what do the initials CEM stands for ? 

A) Costly E-Commerce Marketing 

B) Customer Experience Management 

C) Customer Experience Misleading 

D) Cost Estimates are Mind Boggling 

 

20) The fastest 1/0 of RAID (Redundant Arrays of Inexpensive Disks) is -- 

A)   Level – 0 

B)   Level – 1 

C)   Level – 3 

D)   Level – 4 

 

21) RSA is – 

A) Symmetric Cryptosystem 

B) Asymmetric Cryptosystem 

C) Block Cypher 

D) Digital Signature 

 

22) Compiler is a --- 

A) Package 

B) System Software 

C) Process 

D) Application Software 

 

 

 

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23) Smallest storage unit of a computer is --- 

A) Bit 

B) Byte 

C) Nibble 

D) Pixel 

 

24) Digital Signature consists of –- 

A) Message Only 

B) Random Number Only 

C) Both (A) and (B)  

D) None of these 

 

25) The nucleus of all software activity is – 

A) Printer 

B) Word Processing Application 

C) Database Application 

D) Operating System 

 

26) A communication processor that connects dissimilar networks by providing the 

translation from one set of protocol to another is – 

A) Bridge 

B) Gateway 

C) Router 

D) Modem 

 

27) Any Crime accomplished through knowledge or use of computer technology is – 

A) Cyber – Crime 

B) Techno – Theft 

C) Computer – Crime 

D) Techno – Crime 

 

28) Smart Card is – 

A) Special purpose Cards 

B) Microprocessor Cards 

C) Processing unit contains memory for storing data 

D) Processing unit for software handling 

 

29) The  word “FTP’ stands for – 

A) File Translate Protocol 

B) File Transit Protocol 

C) File Typing Protocol 

D) File Transfer  Protocol 

 

 

 

 

 

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30) A collection of raw facts is called – 

A) Output 

B) Information 

C) Bits 

D) Data 

 

 

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