Banking

Glossary   Access Time: Access time is the time from the start of one access of the storage device to the time when the next access can be started.   Accessory: An Accessory is a device attached to a host computer, but not part of it, and is more or less dependent on the host. It expands the host's capabilities, but does not form part of the core computer architecture. Examples are computer printers, image scanners, tape drives, microphones, loudspeakers, webcams, and digital cameras.   Active Cell: The cell that continues the value being used or modified in a spreadsheet program, and that is highlighted by the cell pointer. Also known as current cell.   Active Window: The window in Micrddosoft Windows with which the user may interact.   Accumulator: The computer register in which the result of more...

Technologies and Terms used in Internet Banking   Online banking was long considered to be a tremendous new technology breaking offering that would not only enhance the banks 'capabilities in terms of services offered on the go but also as a possible change in various types of operational and Strategic business models. Now almost all the banks across the globe are there to offer online banking with different capabilities in their respective fields. With ever-increasing competition, banks have devised new ways to maintain their revenue streams. The core of the idea, however, still remains to offer more value, convenience and satisfaction to the customer.   INTERNET BANKING TECHNOLOGIES ATM (Automated teller machine) ATM is known as an automated banking machine cash machine, cashpoint, or cashline machine that is an electronic telecommunications device which enables the customers of a financial institution to perform financial transactions without the more...

Latest Development in IT Related to Banking   With the globalization trends world over it is difficult for any nation big or small, developed or developing, to remain isolated from what is happening around. For a country like India, which "s one of the most promising emerging markets, such isolation is nearly impossible. More particularly in the area of Information technology, where India has definitely an edge over its competitors, remaining away or uniformity of the world trends is untenable. Financial sector in general and banking industry in particular is the largest spender and beneficiary from information technology. This endeavours to relate the international trends in it with the Indian banking industry. The last lot includes possibly all foreign banks and newly established Private sector banks, which have fully computerized all the operations. With these variations in the level of information technology in Indian banks, it more...

Fundamentals of Computer   C- Common; O-Operating; M-Machine; P-Particularly; U-Used for; T-Trade; E-Education; R-Research In this age of computers there is no such activity that cannot be achieved without computers. Computer has become an indispensable and multipurpose tool. We are breathing in the computer age and gradually computer has become such a desire necessity of life that it is difficult to imagine life without it. This book will help you to gain an understanding of the basic as well as advanced concepts of computers. It will cover foundational study of the computer hardware, software, operating systems. Internet Technology, DBMS (Database Management system) & computer Network & Its security, or more.   CONCEPT OF COMPUTER System a computer is an advanced electronic device that takes raw data as input from the user and processes this data under the control of set of instructions (called program) and gives more...

Components of Computer System   Any computer system consists of the four basic units; namely input unit, storage unit, central processing unit and output unit. Central Processing unit consists of Arithmetic logic unit and Control unit. A computer performs five major functions no matter what size they are of as follows:

• Data or Instructions are accepted as input,
• Data and Instruction are stored
• Processing of data as per the instructions,
• Control of all operations inside the computer
• Result in the form of output.

    BASIC COMPONENTS OF COMPUTER SYSETEMS Following are the various components of a computer system-   Input Unit Data and instructions must enter the computer system before any computation can be performed on the supplied data. The input unit that links the external environment with the computer system performs this task. An more...

Memory Organisation   Computer organization is the way in which the components are built in computers whereas Computer architecture is the science of integrating those components to achieve a level of functionality and performance this chapter we shall study a high level view of computer architecture that may be concerned with how the central processing unit (CPU) acts and how it uses computer memory. Computer Architecture is the field of study of selecting and interconnecting hardware components to create computers that satisfy functional performance and cost goals. It refers to those attributes of the computer system that are visible to a programmer and have a direct effect on the execution of a program. Computer Architecture concerns with machine Organization, interfaces, application, technology, measurement & simulation that Includes:

• Instruction set
• Data formats
• Principle of Operation
• Features (organization of programmable storage, registers used, more...

Computer Software   Computer Programs are called as Computer software, or just software. A computer Software is set of programs that guides the hardware through its job. The computer program is the non-tangible component of a computer system. A Computer software is different from computer hardware that is the physical component of a computer system. Computer hardware and software work hand in hand cannot function without the other.   TYAPES OF SOFTWARE Computer software’s are mainly divided into two parts: (a) System Software   (b) Application Software     (A) System Software System software is the software which manages and controls the hardware components and allows interaction between the hardware and the other different types of software. The computer's operating system is a type of system software. Device drivers are also a part of this category. System software can more...

Computer Hardware   Computer hardware is the collection of physical parts of a computer system. This includes the computer case, monitor, keyboard, and mouse. It also includes all the parts inside the computer case, such as the hard disk drive, motherboard, video card, and many others. Computer hardware is what you can physically touch. All computers have a common structure. These components can be very different in terms of expense, speed and quality, but every computer has them to one degree or another. The main components are as follows:

• Form Factor: This is the physical configuration of the computer: desktop, laptop, tablet or netbook
• The Processor: This is the 'brain' of the computer
• Data Storage: This is where your data are stored, as well as all the programmers and other files that your computer needs to run.
• The Operating System: The OS is more...

Database Management System   Database Management Systems (DBMS) are specially designed software which is used to create and maintain a database. It acts as an interface between users and a database or multiple databases. DBMS is comprised of tables that made up of rows called records and columns called fields. The important processes catered by existing DBMS are as below:

• Denning or constructing a data structure which is also called as data definition such as creating a table, deleting a table or modifying the existing one.
• Updating like inserting a record into a table, deleting or modifying a record.
• Retrieval or extracting information from the database by user queries for user applications, reporting or any other business purposes.
• Administration includes the activities like enforcing data security, maintaining data integrity, data backup and recovery, granting & revoking accesses, performance monitoring, disaster management etc. These more...

Computer Network   A computer Network is a group of computer systems and other computing hardware devices that are linked together through communication channels to facilitate communication and resource-sharing among a wide range of users.                                                                                Generally, networks are distinguished based on their geographical span. A network can be as small as distance between your mobile phone and its Bluetooth headphone and as large as the Internet itself, covering the whole geographical world, i.e. the Earth.   TYPES OF COMPUTER NETWORKS     There are many types of Networks including:

Personal Area Network (PAN): A Personal Area Network or simply PAN, is smallest network which is very personal to a user. This may include Bluetooth enabled devices or infra-red enabled devices. PAN has connectivity range up to 10 meters. PAN may include wireless computer keyboard and mouse, more...