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EIS MCQ by Swapnil Patni
EIS MCQ by Swapnil Patni
Sr Page No.
No.
Chapter Name
3)
)
Information Systems & its 21
Components
3. Which is the risk that could prevent organization from operating in the most efficient &
effective manner?
a) Operational
b) Financial
c) Reputational
d) Regulatory
8. Which are not the criteria for assessing whether internal control is well designed & properly
operated?
a) Transactions are executed in accordance with management’s authorization
b) Transactions are promptly recorded in the correct amount, accounts and Period.
c) Assets are safeguarded from unauthorized access
d) All strategies are successfully implemented and tested
9. Which document is checked by accounts payable department before making payment under
Account payable department?
a) Purchase Order
b) Goods Receipt Number
c) Vendor Invoice
d) All The Above
10. Which is not the risk response strategy for specific risks identified?
a) Avoidance
b) Reduction
c) Alternative Actions
d) Creation
13. Which of these is methodical process of defining option that are provided?
a) Configuration Level
b) Transections Level
c) Master Level
d) None of these
14. Which response exits the activities which gave rise to risk?
a) Avoidance
b) Reduction
c) Alternative Actions
d) Accept
16. Which of these is the degree of risk, on a broad-based level that an enterprise willing to accept
in pursuit of its goals?
a) Risk force
b) Risk Appetite
c) Risk Align
d) None of these
17. Purchase, Goods Receipt, Invoice Processing & Payment are four components of _______.
a) Purchase to pay
b) Budgeting
c) Order to Cash
d) Inventory Cycle
22. Which of these is the system consisting policies and procedure designed to provide
management with reasonable assurance that goal & objectives of entity will be met ?
a) Internal Control
b) Business Planning
c) Plan Implementation
d) Testing of Strategy
24. Which response decide and consider other feasible steps to minimize risks ?
a) Avoidance
b) Reduction
c) Alternative Actions
d) Accept
25. Which are back core processes & functions within an organization?
a) Operational
b) Supporting
c) Automated
d) Management
26. Which is not the benefit of enterprise risk management?
a) Align risk appetite and strategy
b) Seize opportunity
c) Rationalize opportunity
d) Reduced Turnaround times
28. Which is the process of obtaining & managing raw material needed for manufacturing a
product or providing a service?
a) Order to cash
b) Purchase to pay
c) Budgeting
d) Staffing
29. Which response transfers or shares a portion of the risk, to finance it?
a) Avoidance
b) Reduction
c) Accept
d) Share
32. Which of these sets tone of an organization, influencing the control consciousness of its
people?
a) Control environment
b) Risk Assessment
c) Monitoring of control’
d) Segregation of duties
33. Ordering, production, finish goods & delivery are phase of _______ .
a) Procure To Pay
b) Order To Cash
c) Inventory cycle
d) Human Resource
34. Which response take no action against risk due to a cost/benefit decision ?
a) Accept
b) Avoidance
c) Reduction
d) Share
35. Which of these measure, monitor and control activities related to business procedure system ?
a) Operational
b) Supporting
c) Automated
d) Management
36. Which is a foundation for how risk & control are viewed and addressed by entity’s people ?
a) Event Identification
b) Risk Assessment
c) Risk Appetite
d) Internal Environment
37. Which are the actions established through policies and procedure that help to ensure that
management directives to mitigate risk are carried out ?
a) Control Activities
b) Risk Assessment
c) Monitoring of control’
d) Segregation of duties
38. Which Act provides the legal infrastructure for e-commerce in India ?
a) The Competition
b) Foreign Trade Development
c) Consumer Protection
d) Information Technology
40. All input Transaction data may not be accurate, complete and authorized is risk of ______.
a) Processing’
b) Input & Access
c) Infrastructure
d) Output
43. In which cyber-crime unsuspecting victims would use infected computers to make online
transactions?
a) Credit Card Fraud
b) Web Defacement
c) Cyber Terrorism
d) Cyber Pornography
44. Which is the tactic that a business uses to automate processes to operate efficiently &
effectively ?
OR
Which is a tradition of analyzing, documenting, optimizing & then automating business
processes ?
a) Business process automation
b) Business Resources management
c) Business process renunciation
d) None of these
45. All data and & programs could be lost if there is no longer backup in the event of disaster &
Business could come to a standstill .
a) Processing Risk
b) Access Risk
c) Output Risk
d) Infrastructure Risk
47. At which stage the employee and supervisor workout long term carrier goals with company ?
a) Career Development
b) Termination
c) Recruitment
d) Orientation
48. In which cyber-crime homepage of site is replaced with a pornographic or defamatory page?
a) Credit Card Fraud
b) Web Defacement
c) Cyber Terrorism
d) Cyber Pornography
51. Which shows the flow of data or information from one place to another place ?
a) Data Flow Diagrams
b) Automated process
c) Operational process
d) Management process
52. Which include professional growth & training to prepare employee for more responsible
position with company ?
a) Career Development
b) Termination
c) Recruitment
d) Orientation
58. Which is the most coveted and important ‘Crown Jewel’ assets of company ?
a) Fixed Assets
b) Source Code
c) Inventory
d) Products
60. Which is the type of risk that would prevent an organization from accomplishing its objectives ?
a) Strategic
b) Financial
c) Reputational
d) Regulatory
63. ‘A’ thief enters in ‘B’ house and steals an object kept in the house is an example of ______ .
a) Traditional Theft
b) Hacking
c) Phishing
d) None of these
65. Which is the type of risk that will expose the organization to fines & penalties from a
regulatory agency?
a) Strategic
b) Financial
c) Reputational
d) Regulatory
67. Which has input in the form of transections and then output are various types of financial
reports such ?
a) General Ledger
b) Purchase to pay
c) Order to cash
d) Inventory Cycle
68. Stealing valuable information without permission of owner of data through using internet is
known as ______ .
a) Hacking
b) Coding
c) Traditional theft
d) Debugging
70. Which is the risk that could expose the organization to negative publicity ?
a) Strategic
b) Financial
c) Reputational
d) Regulatory
72. Which is the main principal on data protection & privacy enumerated under IT Act, 2000 ?
a) Creating Civil & Criminal liability
b) Declaring any computer as protected system
c) Setting up of hierarchy of regulatory authority
d) All the above
Answer –
1 b 13 a 25 b 37 a 49 d 61 a
2 d 14 a 26 d 38 d 50 c 62 b
3 a 15 a 27 d 39 c 51 a 63 a
4 c 16 b 28 b 40 b 52 a 64 c
5 d 17 a 29 d 41 c 53 d 65 d
6 b 18 d 30 b 42 d 54 a 66 b
7 d 19 b 31 a 43 a 55 d 67 a
8 d 20 c 32 a 44 a 56 b 68 a
9 d 21 a 33 c 45 d 57 b 69 c
10 d 22 a 34 a 46 d 58 b 70 c
11 c 23 c 35 d 47 d 59 b 71 c
12 d 24 c 36 d 48 b 60 a 72 d
7. A technology driven process for analyzing data and presenting action information to take
informed decision’
a) Artificial Intelligence
b) Business Intelligence
c) Machine Learning
d) XBRL
13. BI programs can also incorporate forms of __________ such as data mining, text mining etc.
a) Advanced analytics
b) Internal Analysis
c) Base Analysis
d) System Analysis
16. Basic Objective of accounting software is to generate two primary accounting reports:
a) Trading and P&L A/C
b) Trading A/C & Trial Balance
c) P&L A/c and Balance Sheet
d) Trial Balance & Balance Sheet
21. Making that information easy to follow, helps management understand what report is saying :
a) Accurate
b) Relevant
c) Timely
d) Structured
22. __________ means conforming to a rule, such as a specification, policy, standard or law.
a) Intelligence
b) Customization
c) Compliance
d) Reporting
30. Where all departments are working independently & using own set of data :
a) Non-Integrated System
b) Virtual System
c) Integrated system
d) Installed System
31. This is perhaps the only module, which exchange very few information with other modules.
a) Controlling Moduling
b) Material Management Module’
c) Project System Module
d) Human Resource Management
35. Different types of procurement processes are managed with this system :
a) Sales & Distribution Module
b) Material Management Module
c) Plant Maintenance Module
d) Supply Chain Module
36. Who is concerned to solve customer’s issue about answer of their question?
a) Middle Level
b) Lower Level
c) Upper Level
d) None of this
38. ________ is a freely available & global standard exchanging business information.
a) MIS
b) BI
c) XBRL
d) ERP
43. ___________ is a prescribed sequence of work steps performed to produce a desired result for
organization.
a) Business Evaluation
b) Business process
c) Business Reporting
d) Business Environment
46. XBRL is used around the world, in more than ______ Countries.
a) 25
b) 150
c) 50
d) 200
47. It can speak both languages, User’s language and technical language :
a) Front End
b) Back End
c) Internal system
d) None of these
48. Overall business management system that caters need of all people connected with
organization :
a) MIS
b) XBRL
c) BI
d) ERP
50. This approach of data analytics is more interpretive and it focuses on understanding content
of Non-numerical data.
a) Supportive Data Analytics
b) Qualitative Data Analytics
c) Translative Data Analytics
d) Supportive Data Analytics
55. There are _______ different nature and types of businesses that are operated with purpose of
earning profit.
a) Two
b) Three
c) Four
d) Five
56. How many criteria are required in MIS reporting to make information useful :
a) Three
58. _______________ is the process by which any financial data is marked with most appropriate
element in an accounting taxonomy.
a) Business Intelligence
b) Module Integration
c) XBRL tagging
d) Data analytics
63. Which is nature & types of businesses that are operated with purpose of earning profit :
a) Trading
b) Manufacturing
c) Service
d) All the above.
Answer –
1 b 14 d 27 b 40 d 53 c 66 b
2 d 15 b 28 a 41 b 54 b 67 b
3 d 16 c 29 a 42 d 55 b 68 c
4 c 17 b 30 a 43 b 56 d 69 a
5 b 18 c 31 d 44 a 57 d 70 c
6 c 19 d 32 d 45 b 58 c 71 c
7 b 20 c 33 a 46 c 59 c 72 d
8 a 21 d 34 b 47 a 60 d 73 d
9 b 22 c 35 b 48 d 61 c 74 b
10 c 23 c 36 c 49 c 62 b 75 b
11 a 24 c 37 a 50 b 63 d
12 c 25 a 38 c 51 c 64 c
13 a 26 c 39 a 52 c 65 c
AIR 18 AIR 29
Delhi Delhi Mathura Ghaziabad Jaipur Pune Chittorgarh
Reepal Patel
2. Which is the high speed memory units CPU for storing small amount of data ?
a) Control Unit
b) Arithmetic & logical unit
c) Registers
d) Local Area Network
3. Which of these is the electronic filling cabinet i.e. a collection of computerized data files ?
a) Database Management System
b) Quality Assurance Management Conrols
c) Security Management Controls
d) Operations Management Controls
5. Which of these refers to the amount of data which can be sent across a network in given
time?
a) Routing
b) Bandwidth
c) Resilience
d) Contention
6. Which of these is a raw fact & can take the form of number or statement such as a date or a
measurement?
a) Data
b) System
c) Hardware
d) Network
8. Which is the imaginary memory supported by some operating system in conjunction with the
hardware ?
10. Which database model allows the definition of the data & their structures, storage and
retrieval operations & integrity constrains that can be organized in a table structure ?
a) Hierarchical Database Model
b) Network Database Model
c) Relational Database model
d) Object Oriented Database Model
11. Which is the process of deciding on how to communicate the data from source to destination
in a network ?
a) Routing
b) Bandwidth
c) Resilience
d) Contention
12. Which is a multiport repeater which that connects multiple wires coming from different
branches?
a) Packet
b) Switch
c) Hub
d) Router
13. In which type of transmission mode data flows in only one direction ?
a) Simplex
b) Half Duplex
c) Duplex
d) None of these
15. Fencing at boundary of the facility may also enhance the security mechanism, this is known
as______.
a) Alarm System
b) Perimeter Fencing
c) Security Guards
17. Which error occur when an extra digit or character is added t0 code ?
OR
83276 is recorded as 832766. which type of error is it?
a) Addition Error
b) Truncation Errors
c) Substitution Error
d) None of these
18. Which is to verify fields appearing in different files to see that the result tally ?
a) Limit Checks
b) Parity Check
c) Picture Checks
d) Cross Check
19. Which perform validation checks to identify errors during processing of data ?
a) Real Memory Control
b) Virtual Memory Control
c) Data Processing Control
d) None of these
20. Trancing a transaction is a computerized system can be performed with help of __________ .
a) Audit Hooks
b) Integrated Test Fascility
c) Snapshots
d) None of these
21. Which of these usually encodes the manufacturer’s registered identification number ?
a) Network Topology
b) Router
c) Switch
d) MAC Address
22. In which type of transmission mode data flows in one direction or the other, but not both at
the same time ?
a) Simplex
b) Half Duplex
c) Duplex
d) None of these
23. Fire damage, Power Spikes, Water damage are the example of _______ .
a) Environmental Control
b) Physical Access Control
24. Change of data before or after they entered the system, This technical exposure is known as
______ .
a) Data Diddling
b) Data Bomb
c) Christmas card
d) Rounding Down
27. Which error occur when a digit or character is removed from the end of as code ?
OR
83276 is recorded as 8327. which type of error is it ?
a) Addition Error
b) Truncation Errors
c) Substitution Error
d) None of these
28. Which is to ensure that physical records follow a required order matching with logical
records ?
a) Limit Checks
b) Valid Code Checks
c) Sequence Checks
d) Arithmetic Checks
29. Which data processing control helps in verifying checks to identify errors during processing
of data ?
a) Run-to-Run totals
b) Edit Checks
c) Exception Reports
d) Field Initialization
30. Which involves embedding audit software within a host application system to provide
continuous monitoring of the system’s transactions?
a) System control audit Review File
b) Integrated test facility
c) Continuous & intermittent simulation
31. Which Accounts are user accounts that exist but they are unused ?
a) Shared Accounts
b) System Accounts
c) Dormant Accounts
d) User Accounts
32. Which maintains the chronology of events that occur when a user attempts to gain access to
and employ systems resources?
a) Boundary Controlss
b) Input Controls
c) Communication Controls
d) Processing Controls
34. Which memory is used to bridge speed difference between register & primary memory ?
a) Processor Register
b) Cache Memory
c) RAM
d) ROM
35. Which type of output is used for individual who are blind as raised lines drawing ?
a) Textual Output
b) Audio Output
c) Tactile Output
d) Video Output
37. Which approach starts by creating small data warehouse, called data marts, to solve specific
business problems ?
a) Bottom Up
b) Top Down
c) Big Data
d) None of these
38. Which of these refers to the ability of a network to recover from any kind of error like
connection error, loss of data etc.?
a) Resilience
b) Bandwidth
39. Which is a network device that connects multiple devices together & filters packets based on
their destination within the connected device ?
a) Network Topology
b) Router
c) Switch
d) MAC Address
40. In which type of transmission mode data flows in both the directions simultaneously ?
a) Simplex
b) Half Duplex
c) Duplex
d) None of these
41. Which of these is caused due to a very short pulse of energy in a power line ?
a) Fire Damages
b) Power Spikes
c) Pollution Damages
d) Water Damages
42. Which is a piece of bad code deliberately planted by an insider or supplier of a program ?
a) Bomb
b) Worm
c) Trap Doors
d) Christmas cards
45. Which error occur when one digit in a code is replaced with another?
OR
83276 is recorded as 83266. which type of error is it ?
a) Addition Error
b) Truncation Errors
c) Substitution Error
d) None of these
48. Which are user accounts used by more than one person?
a) Shared Accounts
b) System Accounts
c) Dormant Accounts
d) User Accounts
49. Which maintains the chronology of events from time a sender dispatches a massage to the
time a receiver obtains the message?
a) Boundary Controls
b) Input Controls
c) Communication Controls
d) Processing Controls
55. Which is these refers to the situation that arises when there is a conflict for some common
resource in a network ?
a) Routing
b) Bandwidth
c) Resilience
d) Contention
56. Which is a set of rules that allow two or more devices to exchange information back and forth
across the network ?
a) Transmission Mode
b) Protocol
c) IP Address
d) Domain Name
57. Which has four digit number and the door will unlock for a predetermined period, usually ten
to thirty seconds?
a) Cipher Locks
b) Bolting Door Locks
c) Electronic Door Locks
d) Plastic Cards
58. Well known example of trojan due to which users can not save their half-finished work .
a) Bomb
b) Worm
c) Trap Doors
d) Christmas cards
59. Which is a system that enforces access control between two network?
a) Firewall
b) Encryption
c) Callback Devices
d) Routing Control
61. Which errors occur when two adjacent digits are reversed?
OR
12345 is recorded as 21345. which type of error is it?
62. Which is used to mitigate exposure associated with dial-up access to a computer system ?
a) Port protection Device
b) Sequence Check
c) Transmission Media
d) Communication Lines
63. Which data processing control are generated to identify errors in the processed data?
a) Run-to-Run totals
b) Edit Checks
c) Exception Reports
d) Field Initialization
64. Which are trails that can be designed to record activity at the system, application, & user
level?
a) Audit Trails
b) Audit Hooks
c) Snapshots
d) Polling
65. Which audit trail maintains the chronology of events that occur either to the database
definition or the database itself?
a) Processing Controls
b) Output Controls
c) Communication Controls
d) Database Controls
66. Which is a tangible portion of computer & something we can touch and see ?
a) Hardware
b) Software
c) Communication
d) Storage
68. Which is a set of computer programs that manages computer hardware resources & acts as
an interface with computer applications programs?
a) Operating System
b) Maintenance System
c) Supporting System
d) Installation System
70. Which is a process of analyzing data to find previously unknown trends, patterns &
associations to make decisions?
a) Data Appetite
b) Data Management
c) Data Orientation
d) Data Mining
72. Which type of network topology involves a central unit with number of terminals tied into it ?
a) Star
b) Bus
c) Ring
d) Mesh
74. In which locks a special metal key is used to gain entry & to avoid illegal entry, the keys
should not be duplicated?
a) Cipher Locks
b) Bolting Door Locks
c) Electronic Door Locks
d) Plastic Cards
76. _______ deals with programs for transforming data into cipher text that are meaningless to
anyone ?
a) Cryptography
b) Passwords
c) Biometric Devices
d) Identification Cards
80. Which ensures that single individuals do not process excess privileges ?
a) Processing Control
b) Output Control
c) Communication Control
d) Segregation Of Duties Control
83. Which operating system helps in allocating resources to make optimum utilization of
resources?
a) Memory Management
b) Networking Capability
c) Task Management
d) File Management
87. Which technology takes an internet signal and convert it into radio waves ?
a) Wi-Fi
b) Bridge
c) Hub
d) Packet
88. In which door lock a magnetic or embedded chip-based plastic card key or token may be
entered a reader to gain access in these system?
a) Cipher Locks
b) Bolting Door Locks
c) Electronic Door Locks
d) Plastic Cards
89. Which of these allows insertion of specific logic, such as program interrupts that permits a
review of data ?
a) Trap Doors
b) Data Bomb
c) Christmas Card
d) Worm
90. User Identification by an authentication mechanism with personal characteristic like name,
birth date etc. Known as ______
a) Cryptography
b) Passwords
c) Biometric Devices
d) Identification Cards
91. Which techniques establish an order in which a node can gain access to a channel ?
a) Polling
b) Cross Check
c) Parity Control
d) Modem
94. Google & yahoo are the example of ______ which should consultant to se what information
about organization is available?
a) Search Engine
b) Social Networking Sites
c) Justification on online presence
d) Online Sale Sites
97. MS Office 2010 has MS World, MS Excel, MS Access etc. this is example of _______ .
a) Content Access Software
b) Media Development
c) Application Suit
d) Information Worker Software
100. Which generates the signal over the same network before the signal becomes too weak ?
a) Packet
b) Repeater
c) Hub
101. In which each node is connected by a dedicated point to point link to every node ?
a) Star
b) Bus
c) Ring
d) Mesh
103. Which control has a pair of doors that are typically found in entries to facilities such as
computer rooms and document stations .
a) Controlled visitor access
b) Computer Terminal Locks
c) Bonded Personnel
d) Dead man door
104. Which Involves forging one’s source address in which user think that s/he is interacting with
the operating system?
a) Bomb
b) Worm
c) Christmas Card
d) Spoofing
107. Which of these checks against entry into processing of incorrect/invalid character ?
a) Limit Checks
b) Picture Checks
c) Valid Coad Checks
d) Arithmetic Checks
108. By which method nodes in a network must compete with each other to gain access to a
channel?
a) Sequence Check
b) Cross Check
110. Which is not the role of IS auditor in auditing physical access control?
a) Risk Management
b) Process Management
c) Controls Assessment
d) Review of document
111. Facebook, LinkedIn, My space, and twitter are the example of _______ .
a) Search Engine
b) Social Networking Sites
c) Justification on online presence
d) Online Sale Sites
112. Which function of the processing device performs operations as addition, subtraction,
multiplication & logical comparison of numbers?
a) Control Unit
b) Arithmetic & logical unit
c) Registers
d) Local Area Network
113. In which type of Primary memory information can be read only and not be modified?
a) RAM
b) ROM
c) Register
d) Cache
115. Which database model allows the definition of the data & their structures, storage and
retrieval operations & integrity constrains that can be organized in a table structure?
a) Hierarchical Database Model
b) Network Database Model
c) Relational Database model
d) Object Oriented Database Model
117. Fencing at boundary of the facility may also enhance the security mechanism, this is known
as______.
a) Alarm System
b) Perimeter Fencing
c) Security Guards
d) Videos Cameras
119. Which is the control activity involved in maintaining the integrity of the database?
a) Definition Controls
b) Update Controls
c) Access Controls
d) Program Control
120. Which error occur when an extra digit or character is added to code?
OR
83276 is recorded as 832766. which type of error is it?
a) Addition Error
b) Truncation Errors
c) Substitution Error
d) None of these
121. Which is to verify fields appearing in different files to see that the result tally ?
a) Limit Checks
b) Parity Check
c) Picture Checks
d) Cross Check
122. Which perform validation checks to identify errors during processing of data ?
a) Real Memory Control
b) Virtual Memory Control
c) Data Processing Control
d) None of these
123. Trancing a transaction is a computerized system can be performed with help of __________ .
a) Audit Hooks
b) Integrated Test Fascility
c) Snapshots
d) None of these
124. Which is the only barrier between unauthorized parties and sensitive information ?
a) Auditing password management
125. Auditors examine variables that often indicate when motivation problems exist or suggest
poor leadership known as ____ .
a) Lending
b) Planning
c) Controlling
d) Organizing
Answer –
1 c 22 b 43 d 64 a 85 b 106 d
2 c 23 a 44 d 65 d 86 a 107 b
3 a 24 a 45 c 66 a 87 a 108 d
4 d 25 d 46 d 67 a 88 c 109 a
5 b 26 a 47 b 68 a 89 a 110 b
6 a 27 b 48 a 69 b 90 b 111 b
7 b 28 c 49 c 70 d 91 a 112 b
8 c 29 a 50 d 71 d 92 d 113 b
9 d 30 a 51 a 72 a 93 d 114 d
10 c 31 c 52 a 73 a 94 a 115 c
11 a 32 a 53 a 74 b 95 d 116 d
12 c 33 d 54 b 75 a 96 a 117 b
13 a 34 b 55 d 76 a 97 c 118 d
14 d 35 c 56 b 77 a 98 d 119 d
15 b 36 d 57 a 78 d 99 a 120 a
16 d 37 a 58 d 79 d 100 b 121 d
17 a 38 c 59 a 80 d 101 d 122 c
18 d 39 c 60 d 81 d 102 a 123 c
19 c 40 c 61 a 82 a 103 d 124 d
20 c 41 b 62 a 83 c 104 d 125 a
21 d 42 a 63 c 84 c 105 a
Total No of Validity
Price
Duration Lectures Views in Months Dispatch
On Cluod Pendrive
LAW
CA INTERMEDIATE GROUP II May-19
Nov-19
3. ________ Architecture is a software design pattern & well stablished software architecture.
a) One Tier
b) Two Tier
c) Three Tier
d) None of these
7. Which instance of Saas allows user to explore functionality of web services such as Google
map, Payroll Processing, & credit card processing etc.
a) API as a service
b) Communication as a service
c) Desktop as a service
d) Email as a Service
14. Codes can not use a large amount of encryption at a time, is known as :
a) Parallel CPU Capacity
b) Resource Balancing
c) Exportability
d) Interoperability
20. Allowing buyer to purchase on credit, in which buyers cash flow is not immediately impacted.
a) Credit Card
b) Debit Card
c) E-Wallet
d) Net Banking
21. Which feature of cloud computing can completely isolate failure of server & storage resource
from cloud users ?
a) Multi tenancy
b) Resiliency
c) Elasticity & Scalability
d) Workload Management
27. Which of these is an is an ability given to end users to access authentication infrastructure
that is built, hosted, managed & provided by third party service provider ?
a) Desktop as a Service
b) Testing as a Service
c) Platform as a Service
d) Identity as a Service
36. Getting more work done in less time with less resources are possible. This benefit of cloud
computing is known as :
a) Streamline business processes
b) Pervasive accessibility
c) Economic of scale
d) Globalize the workforce
43. Ability of two or more applications that are required to support a business need to work
together by sharing Data and other business related resources is known as :
a) Exportability
b) Inter-operability
c) Flexibility
d) Anonymity
45. Which technology allows use of read/write web, biogs & interactive web application etc. ?
a) Mobile Computing
b) Grid Computing
c) Cloud Computing
d) Web 2.0
50. User get _______ Discount on insurance premiums of govt. insurers with digital payments.
a) 5 %
b) 10 %
c) 15 %
d) 20%
53. Web 3.0 also standards also incorporates the latest researches in field of __________ .
a) Data Analytics
b) Business Analysis
c) Portfolio Analysis
d) Artificial Intelligence
56. When goods are ordered from another country, there are costs enforced by companies.
a) Marketing Cost
b) Supplying cost
c) Managing Cost
d) Hidden Cost
59. Which components of Web 3.0 provides user a common framework that could be used to
share & reuse the data across various application ?
a) Semantic Web
b) Web Services
c) Supportive Web
d) Systematic Web
62. __________ are ones who are finally responsible for timely product deliveries.
a) Network service providers
b) Infrastructure Service providers
c) Technology Service providers
d) Logistic Service providers
63. The Issue which is not dealt in by the information technology act :
a) Protecting Your Customer’s Privacy Online
b) Online Advertising Compliance
c) Legality of Product
d) Traditional Commerce Transaction
64. _______ Allows its user to run multiple operating system simultaneously on a single machine.
a) Virtualization
b) Grid Computing
c) Artificial Intelligence
d) Web 3.0
66. Which of these has an objective to reduce the use of hazardous materials, maximize energy
efficiency during Product lifetime ?
a) Grid computing
b) Mobile computing
c) Green computing
d) Cloud computing
67. Which components of Web 3.0 supports computer-to-computer interaction over internet.
a) Web Services
b) Supportive Web
c) Systematic Web
d) None of these
77. It allows administrators to improve network traffic control, enterprise and security ?
a) Network Virtualization
b) Hardware Virtualization
c) Database Virtualization
d) Software Virtualization
79. Which has meaning that employees are welcomed to use their personal computer in an
organization ?
a) BYOD
b) Grid
c) Cloud
d) Virtualization
83. A computer that is using with Microsoft windows may host a virtual machine that looks like a
computer with linux Operating system.
a) Server Virtualization
b) Hardware Virtualization
c) Database Virtualization
d) Software Virtualization
92. Which type of cloud need involvement of groups for its implementation ?
a) Private
b) Public
c) Hybrid
d) Community
94. ‘‘ Dustbin generate a message when it gets full ’’ This is the example of _________ ?
a) I.O.T.
b) M.I,S.
c) C.R.T
d) X.B.R.L.
100. Which of these is a hardware-level service, provides computing resources such as processing
power, memory, Storage, & network to cloud users ?
a) Platform as a service
b) Desktop as a service
c) Network as a service
d) Infrastructure as a service
105. Who releases standards of industry body, which every e-commerce organization is
required to comply?
a) Central Government of India.
108. Which instance of SaaS Provide users with an integrated system of office automation,
records management, Migration, integration services with archiving, spam blocking, Malware
protection & Compliance feature ?
a) Testing as a service
b) Communication as a service
c) Desktop as a service
d) Email as a Service
109. How many mechanisms of cloud computing are currently provided under SECaaS ?
a) Two
b) Three
c) Four
d) Five
1 b 20 a 39 d 58 d 77 a 96 a
2 d 21 b 40 d 59 a 78 a 97 c
3 c 22 a 41 a 60 b 79 a 98 a
4 d 23 c 42 c 61 a 80 a 99 b
5 b 24 c 43 b 62 d 81 c 100 d
6 a 25 a 44 d 63 d 82 c 101 a
7 a 26 d 45 d 64 a 83 b 102 a
8 c 27 d 46 c 65 c 84 c 103 b
9 d 28 a 47 b 66 c 85 c 104 b
10 c 29 c 48 b 67 a 86 c 105 b
11 d 30 d 49 c 68 d 87 c 106 a
12 c 31 d 50 b 69 a 88 c 107 b
13 a 32 c 51 c 70 c 89 b 108 d
14 c 33 b 52 d 71 b 90 b 109 c
15 d 34 b 53 d 72 d 91 b
16 a 35 b 54 c 73 d 92 d
17 c 36 a 55 a 74 d 93 a
18 a 37 b 56 d 75 d 94 a
19 d 38 b 57 d 76 d 95 c
FM-ECO.
By CA Swapnil Patni
PENDRIVE
Applicable For MAY-19 / NOV-19 Attempt
2. which form of ECS there is a single account to be debited against which many accounts with
a number of banks in same clearing house area are credited ?
a) ECS Credit
b) ECS Debit
c) Both (a) & (b)
d) Neither (a) nor (b)
3. Banks have a highly-defined organization structure with clearly defined roles, authority &
responsibility , is related with _______.
a) Multiplicity & Complexity
b) Segregation of duties
c) Obsolescence of technology
d) Dependence on vendors
7. Which of these is a sophisticated computer that accepts service requests from different
machines called client?
a) Server
b) Software
c) Hardware
d) None of these
10. which area consist of dealing room operations wherein dealers enter into deal with the
various corporate & interbank counter-parties ?
a) Front Office
b) Middle Office
c) Back Office
d) None of these
15. Conversion of illegal proceeds into apparently legitimate business earnings through normal
financial or commercial operations is known as _________.
a) Placement
b) Layering
c) Integration
d) None of these
17. Employees of banks should be trained in the proper manner for handling of personal data of
customers .
a) Personation
b) Treasury Process
c) Money Laundering
d) SPDI
20. Which of these is an undertaking by a bank to the supplier to pay him on behalf of buyer ?
a) Letter of credit
b) Guarantees
c) Both (a) & (b)
d) Neither (a) & (b)
21. The potential harm caused if a threat exploits a particular vulnerability to cause damage to an
assets. This is the definition of ________.
a) Loss
b) Expenses
c) Risk
d) None of these
22. What is the first essential step for effective Risk management?
a) Risk Appetite & Risk Exposure
b) Planning for Control
c) Implementation
d) Testing & monitoring
25. Which server performs necessary operation & updates the account of customer in the
database?
a) Application Server
b) Proxy Server
c) Web Server
d) Database Server
26. Arrange the correct sequence business process flow of Current A/c & Saving A/c :
i) RM will request for KYC ii) Customer can avail facilities iii) Current/ Saving Account will
provided to customer, iv) Customer approaches RM, v) Documents handed over to credit
team
a) (ii),(iv),(v),(i),(iii)
b) (iii),(iv),(ii),(v),(i)
c) (v),(i),(iii),(ii),(iv)
d) (iv),(i),(v),(iii),(ii)
27. In which type of mortgage the rate of interest are fixed for a period but then it fluctuates with
market interest rates ?
a) Variable rate
b) Floating rate
c) Both (a) & (b)
d) Neither (a) nor (b)
28. Which of these Includes verification by confirmation, settlement, checking of valid ISDA ?
a) Front Office
b) Middle Office
c) Back Office
d) None of these
29. Which of these are allowed based on user access & access authorization matrix ?
a) Configuration
b) Masters
c) Transections
d) Reports
30. Which is the process by which proceeds of crime & true ownership of those proceeds are
concealed so that proceeds appear to come from a legitimate source ?
a) Money Laundering
b) Treasury Process
c) Internet Banking Process
d) Tampering Process
32. Which of these fuel the growth of banking operations & this is the most important function
of a commercial bank ?
a) Clearing
b) Deposits
c) Credit Cards
d) Debit Cards
33. Who settles the inter-bank Transactions among the local participating member banks?
a) Clearing House
b) Remittance House
c) Collection Department
d) None of these
34. Which of these are required by the customers of banks for submission to buyers of their
goods?
a) Letter of credit
b) Guarantees
c) Both (a) & (b)
d) Neither (a) & (b)
42. Which of these could be used for monitoring the operations as also for tracking the
performance or security?
a) Configuration
b) Masters
c) Transections
d) Reports
44. Which Act provides the legal framework for electronic governance by giving recognition to
electronic records & digital signature ?
a) Banking Regulation Act
b) Information Technology Act
c) Money Laundering Act
d) Reserve Bank of India Act
45. Punishment for cheating by personation by using computer resource is described under _____.
a) Sec. 66-C
b) Sec. 66-E
c) Sec. 66-D
d) Sec. 66-B
48. Which is not the reason for gap due to risk between need to protect system & degree of
protection applied?
a) Widespread use of technology
b) Devolution of management
c) Elimination of distance, time & space
d) Economies of scale in manufacturing
51. Which server software stores the name and password of the entire internet banking customer?
a) Anti-Virus Software Server
b) Internet banking Application server
c) Internet banking channel server
d) Automated teller machine channel server
53. In how many compartments the core areas of treasury operations can be divided?
a) Two
b) Three
c) Four
d) Five
58. Crime that involves use of computer & a network is known as _______ ?
a) Cyber Crime
b) Physical Crime
c) Harassment Crime
d) Civil Crime
61. __________ are issued by bank where customer is having their account & generally by central
office of banks.
a) Debit Card
b) Credit Card
c) Both (a) & (b)
d) None of these
62. Risk Can be mitigated by implementing __________ .
a) Avoidance
b) Risk Assessment
c) More Technology
d) Acceptance
66. Which server authenticates the customer with the login details stored in the IBCS?
a) Anti-Virus Software Server
b) Internet banking Application server
c) Internet banking channel server
d) Automated teller machine channel server
67. Which is Traditional mortgage where customer has an option of selecting fixed or variable rate
of interest & is provided for purchase of property?
a) Home Loan
b) Top-up Loan
c) Loans for under construction property
d) None of these
70. Which of these refer to the setting parameters for various types of product & service type as
per software modules used in banks?
a) Configuration
b) Masters
c) Transections
71. Movement of proceeds, frequently currency, from the scene of crime to a place, or into a form,
less suspicious & more convenient for the criminal is known as ______ .
a) Placement
b) Layering
c) Integration
d) None of these
72. ___________ means the listing of program, computer commands, Design & layout and program
analysis of computer resource in any form .
a) Computer Source Code
b) Anti-Money Laundering
c) Treasury Process
d) Professional Ethics Code
73. Which Section of IT amendment act imposes responsibility for protection of stakeholder
information by body corporate?
a) Sec. 43-B
b) Sec. 66-E
c) Sec. 66-D
d) Sec. 66-B
74. Which of these involves transfer of funds from one place to another?
a) Deposit
b) Collection
c) Clearing
d) Remittance
75. In which form of ECS there is a single receiver of funds from a large number of customers?
a) ECS Credit
b) ECS Debit
c) Both (a) & (b)
d) Neither (a) nor (b)
77. Formally acknowledge that risk exists and monitor it, is risk response as ______.
a) Avoid
b) Mitigate
c) Transfer
d) Accept
80. Which mortgage is provided to those customer who already has an existing loan & applying
for additional amount?
a) Home Loan
b) Top-up Loan
c) Loans for under construction property
d) None of these
81. Which area consist of dealing room operations wherein dealers enter into deal with the various
corporate & interbank counter-parties ?
a) Front Office
b) Middle Office
c) Back Office
d) None of these
84. Which of these refers to the way a software system is set up for use ?
a) Configuration
b) Masters
c) Transections
d) Reports
86. Conversion of illegal proceeds into apparently legitimate business earnings through normal
financial or commercial operations is known as _________.
a) Placement
Answer –
1 d 16 a 31 b 46 b 61 a 76 d
2 b 17 d 32 b 47 a 62 b 77 d
3 b 18 d 33 a 48 d 63 c 78 a
4 a 19 a 34 b 49 d 64 d 79 c
5 d 20 c 35 d 50 d 65 a 80 b
6 a 21 a 36 d 51 c 66 b 81 a
7 a 22 c 37 d 52 c 67 a 82 d
8 a 23 d 38 d 53 b 68 d 83 c
9 c 24 d 39 c 54 a 69 d 84 a
10 a 25 d 40 a 55 d 70 b 85 a
11 d 26 d 41 d 56 a 71 a 86 c
12 c 27 c 42 d 57 b 72 a 87 a
13 a 28 c 43 b 58 a 73 a 88 c
14 d 29 c 44 b 59 b 74 d
15 c 30 a 45 c 60 c 75 a