MS-425 Electronic Banking and IT in Banks

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

  “ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

(Prefer mailing. Call in emergency )

ASSIGNMENT

Course Code                                                 :                                          MS-425

Course Title                                                  :                                          Electronic Banking and IT in Banks

Assignment No.                                           :                                          MS-425/SEM-I/2017

Coverage                                                       :                                          All Blocks

Note : Attempt all the questions and submit this assignment on or before 30th April, 2017 to the Coordinator of your study center.

Question.1. 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:The term "Data Warehouse" was first coined by Bill Inmon in 1990. According to Inmon, a data warehouse is a subject oriented, integrated, time-variant, and non-volatile collection of data. This data helps analysts to take informed decisions in an organization.

An operational database undergoes frequent

Question.2.(a) What is meant by System Audit? What is its importance in a computerized environment? Describe the basic objectives of System Audit.

Answer:An information technology audit, or information systems audit, is an examination of the management controls within an Information technology (IT) infrastructure. The evaluation of obtained evidence determines if the information systems are safeguarding assets, maintaining data integrity, and operating effectively to achieve the organization's goals or objectives. These reviews may be performed in conjunction with a financial

Question.2. (b) Explain the differences between Computer Audit and System Audit.

Answer:The difference(s); Traditional auditing is associated with conducting tests to issue an opinion on the truth and fairness of the financial statements of the company being audited.

These tests include tests on the internal

Question.3.(a) What is E-Business? Discuss how is E-Business transforming key Business processes by using Internet Technologies.

Answer:Electronic commerce or e-commerce refers to a wide range of online business activities for products and services. It also pertains to “any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact.”

E-commerce is usually associated with buying and selling over the Internet, or conducting any transaction involving the transfer of ownership or

Question.3. (b) Distinguish between E-Business and E-Commerce.

Answer:

ECommerce	EBusiness
Ecommerce involves commercial transactions done over internet.	Ebusiness is conduct of business processes on the internet.

Question.4. (a) Describe the situations under which a person is said to have committed computer crime.

Answer:Cybercrime, or computer crime, is crime that involves a computer and a network. The computer may have been used in the commission of a crime, or it may be the target. DebaratiHalderand K. Jaishankar define cybercrimes as: "Offences that are committed against individuals or groups of individuals with a criminal motive to intentionally harm the reputation of the victim or cause physical or mental harm, or loss, to

Question.4. (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 crime law deals with the broad range of criminal offenses committed using a computer or similar electronic device. Nearly all of these crimes are perpetrated online. The internet provides a degree of anonymity to offenders, as well as potential access to personal, business, and government data. Many computer crimes are committed as a means of stealing money or valuable information, although financial gain is not always the

Question.5. (a) Explain the major groups into which the Banking software can be broadly categorized to support its diverse functions.

Answer:The term, "non-governmental organization" or NGO, came into currency in 1945 because of the need for the UN to differentiate in its Charter between participation rights for intergovernmental specialized agencies and those for international private organizations. At the UN, virtually all types of private bodies can be recognized as NGOs. They only have to be independent from government control, not seeking to challenge

Question.5. (b) Describe the features required for an Online Banking Website with the help of a Bank’s Website.

Answer:Online banking facilities typically have many features and capabilities in common, but also have some that are application specific. The common features fall broadly into several categories:

·       A bank customer can perform non-transactional tasks through online banking, including –

o   Viewing account balances

o   Viewing recent transactions

o   Downloading bank statements, for example in PDF format

o   Viewing images of paid cheques

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

  “ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

(Prefer mailing. Call in emergency )