IGNOU MS-0425 Solved Guess paper 2023-24 , MS-0425 Electronic Banking and IT in Banks Solved Guess paper 2023-24 Download Free : MS-0425 Solved Assignment 2023-2024 , IGNOU MS-0425 Previous paper 2023-24, MS-0425 important questions 2023-24 , MS-0425 Assignment , MS-0425 Electronic Banking and IT in Banks Solved Guess Paper 2023-24 Download Free IGNOU Assignments 2023-24- IGNOU Electronic Banking and IT in Banks Solved Guess Paper 2023-24 Gandhi National Open University had recently uploaded the assignments of the present session for IGNOU Electronic Banking and IT in Banks for the year 2023-24. Students are recommended to download their Assignments from this webpage itself.
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Describe an Automated Teller Machine (ATM). Explain the basic models and the various
components of the ATM system.
An Automated Teller Machine (ATM) is a specialized computer that enables bank customers to perform financial transactions, such as withdrawing cash, depositing money, transferring funds, checking account balances, and more, without needing a human teller. ATMs are a vital part of the banking infrastructure, providing 24/7 service and convenience for users.
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Components of the ATM System
IGNOU MS-0425 Solved GUESS PAPER- The ATM system comprises various hardware and software components that work together to perform banking transactions securely and efficiently.
On-site ATMs
- These ATMs are located within or near bank branches.
- They often provide a wider range of services due to direct connectivity with the bank’s internal systems.
- Security is generally higher due to proximity to bank premises.
Off-site ATMs
- These ATMs are located at various public places such as shopping malls, airports, gas stations, and convenience stores.
- They provide basic services like cash withdrawals, balance inquiries, and fund transfers.
- They are placed for user convenience and often have enhanced security features due to their isolated locations.
Explain the concept of a Local Area Network (LAN). Describe the basic elements of LAN and
their respective functions including LAN Hardware and Software Media and Communication equipment. What are the advantages of LAN ?
How is system audit different from computer audit ? Discuss the importance of system audit for an organisation and the procedure adopted for developing an effective audit plan.
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What do you understand by the term ‘outsourcing’ ? Explain the advantages and disadvantages of outsourcing. Discuss the phases involved in the process of outsourcing.
Discuss the technological components required for Customer Relationship Management (CRM)
implementation. Describe the different steps involved in successful implementation of CRM
solution.
Describe the technology on which smart cards function. Discuss the variety of smart cards
that are available in the market.
What do you understand by Electronic Commerce ? Discuss its advantages over paper based commerce. Explain the activities and functions of Electronic Commerce.
Explain in detail the Automated Teller Machine and the different components of ATM system. What are the advantages and limitations of ATMs ?
Explain the impact of Customer Relationship Management (CRM) on an organisation and customer management process. Discuss the key performance indicators for every aspect of customer management.
‘‘Financial services providers are faced with new business demands and are seeking to make more
effective use of technology to respond to those challenges.’’ Discuss
Discuss the phases involved in the process of designing and developing of internet banking
followed by Banks
Explain the Smart Card Technology. What are the advantages of smart cards ?
What is Computer Crime ? Discuss the various Software and Hardware related crimes.
Explain the meaning and functions of Supply Chain Management. Describe the push-based supply chain and pull-based supply chain.
Describe the features of a Customer Relationship Management (CRM) system. Discuss the steps to a successful CRM solution implementation.