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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 isasubjectoriented, 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
obtainedevidence determinesif the informationsystemsare safeguarding assets, maintaining data
integrity,andoperatingeffectivelyto 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);Traditionalauditingisassociatedwithconductingteststoissue anopinion
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:Electroniccommerce ore-commerce referstoa 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 involvescommercial transactionsdone
over internet.
Ebusinessisconductof businessprocesseson
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
individualsorgroupsof individualswithacriminal motivetointentionallyharmthe reputationof 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
computeror similarelectronicdevice.Nearlyall of these crimesare perpetratedonline.The internet
providesadegree of anonymitytooffenders, as well as potential access to personal, business, and
governmentdata.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 specializedagenciesandthose forinternational privateorganizations. 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 bankingfacilitiestypically 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 )

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Ms 425 electronic banking and it in banks (1)

  • 1. 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 isasubjectoriented, 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 obtainedevidence determinesif the informationsystemsare safeguarding assets, maintaining data integrity,andoperatingeffectivelyto 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.
  • 2. Answer:The difference(s);Traditionalauditingisassociatedwithconductingteststoissue anopinion 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:Electroniccommerce ore-commerce referstoa 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 involvescommercial transactionsdone over internet. Ebusinessisconductof businessprocesseson 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 individualsorgroupsof individualswithacriminal motivetointentionallyharmthe reputationof 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 computeror similarelectronicdevice.Nearlyall of these crimesare perpetratedonline.The internet providesadegree of anonymitytooffenders, as well as potential access to personal, business, and
  • 3. governmentdata.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 specializedagenciesandthose forinternational privateorganizations. 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 bankingfacilitiestypically 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 )