📝 One-liners · 65 cards
Impact of Technology Adoption and Trends in Banking Technology
What is the primary regulatory body in India that governs technology adoption in banking?
The Reserve Bank of India (RBI) is the primary regulatory body governing technology adoption in banks through circulars, guidelines, and master directions on IT governance and cybersecurity.
What are the four main characteristics of data warehouse data as described in the JAIIB syllabus?
Subject oriented, non-volatile, integrated, and time variant
What does CBS stand for in the context of banking technology?
CBS stands for Core Banking Solution, a centralised platform that enables customers to access their accounts and perform transactions from any branch of the bank.
What does 'non-volatile' mean in the context of a data warehouse?
Data once loaded is not overwritten or altered; it is retained as-is for long periods
🔒
Unlock 65 revision one-liners
Interactive flashcard deck — flip every card to drill questions and answers, mark the ones you got wrong, and revise smarter for Impact of Technology Adoption and Trends in Banking Technology.
🪙
Unlock cost
300 coins
30-day access · re-unlocks free for 30 days