Test Papers / Previous Question Papers of IGNOU MS425 Electronic Banking and IT in Banks June 2003

MANAGEMENT PROGRAMME
Term-End Examination

June, 2003

MS425 : ELECTRONIC BANKING AND IT IN BANKS

Time: 3 hours
Maximum Marks: 100
(Weightage 70%)

1. (a) Is there a need for standardisation of networks? If yes, what are the different types of standards for these networks? Explain. (10)

(b) Briefly explain the important organisations which are involved in the development of communication standards. (10)

2. (a) Explain the concept of 'Bill presentation and payment system' and discuss its benefits. (10)

(b) Discuss, briefly, different on-line bill presentment and payment models. (10)

3. What is a networked bank? What are its major components? Briefly discuss the major technologies which enable a networked bank to function. (20)

4. (a) What is Mobile Banking? What are the issues involved in it? Discuss its advantages. (10)

(b) Discuss and differentiate between the concepts of 'Debit Card' and 'Credit Card' explaining their specific applications. (10)

5. (a) Define 'Supply Chain Management'. Briefly explain the functions which are included in the supply chain management. (10)

(b) Write a brief note on web-centric supply chain manufacturing. (10)

6. (a) Explain the concept of converged networks. Also discuss the technologies supporting convergence. (10)

(b) What is WAP technology? Explain its applications in the financial sector. (10)

7. What do you understand by 'System Audit Security'? What are the various types of controls used as security in a computerised environment? (20)

8. Write short notes on any four of the following:

(a) Intranet (5)
(b) Impact of IT on business and economy (5)
(c) Tele Banking (5)
(d) Virtual Banking vs Traditional Banking (5)
(e) Digicash (5)
(f) Data Mining (5)