MMPB-003 Information Technology and Digital Banking Solved Question Paper June 2024

MMPB-003 Information Technology and Digital Banking Solved Question Paper June 2024

Information Technology and Digital Banking
Course Code: MMPB-003

1. How many types of networks are in use for
digital communication in banks ? Give a brief
description of each. Draw a simple network
design.
2. What do you understand by Payment Systems ?
Discuss the need for payment systems and
explain the characteristics of a payment
system.
[ 2 ]
3. What are the security features implemented by
banks for online banking ? Explain the
functioning with any two examples.
4. What role has the Reserve Bank of India played
in development the IT infrastructure of banks
in India ?
5. What is digital signature ? What are the
enabling features which have made this
applicable to banking ?
6. What is Block Chain Technology ? Explain the
transaction flow and consensus mechanism in
Block Chain transaction.
7. What constitutes big data analytics ? Discuss
the application of big data analytics in banking
operations.
8. Write short notes on any four of the following :
(a) Core principles for systemically important
payment systems
(b) Processing through Block Chain
Technology
(c) Business continuity planning
(d) INFINET network
(e) Business correspondent