2nd Class Computers Science Usage of Computers Using Computers in Banks

        Using Computers in Banks

Computer plays an important role in banks. It has helped to reduce the use of paper work and thus saves valuable time.           

      It helps in per forming the following task:

• Maintaining accounts of customers.          
• Keeping details of money deposited and withdrawn from the bank.      
• Performing the task of credit and debit card
• Issuing the monthly or yearly account statements to customers.                
• Withdrawing money with the help of ATM cards provided by banks.                      
• Providing security, speed and convenience for the financial transactions.    

 Computers are used in Banks for ...............

(A) Ticket reservation                                   

(B) Bill maintenance

(C) Maintain accounts of customer         

(D) Both (A) and (B)  

Answer: (C)

Explanation

Correct Option:                                                                                                                                      

(C) Computer helps in maintaining the accounts of the customers.

Incorrect Options:

(A) Ticket reservation - in railways and airlines computers are used for ticketing.

(B) Bill maintenance - In shops, hospitals, etc computers are used for billing.    

 Which of the following statements is/are incorrect?

1. Bank issue only debit cards.

2. Bank do not issue monthly account statements.

3. Banks keep details of money deposited and withdrawn.

(A) 1 and 2                                                         

(B) 2 and 3

(C) Only 2                                                           

(D) All of these  

Answer: (A)

Explanation

Correct Option:

(A) Banks issue debit cards as well as credit cards and also provide monthly statements.

Incorrect Options:

(B) Statement 2 is correct but statement 3 is incorrect.

(C) Only statement 2 is not correct but statement 1 is also correct.

(D) All the statements are not correct.