Networking Systems
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Information Technology and Digital Banking (Elective) — CAIIB.
One-liners from this chapter
Free sample — 8 of 65 rapid-fire Q&A cards.
What is the primary function of a network protocol in banking communication systems?
A network protocol defines the rules and conventions for data exchange between devices, ensuring reliable and standardized communication across banking networks.
What is the difference between a half-duplex and full-duplex communication channel in banking networks?
Half-duplex transmits one way at a time; full-duplex transmits both ways simultaneously.
Which OSI model layer is responsible for end-to-end data delivery and error recovery in interbank transactions?
The Transport Layer (Layer 4) is responsible for end-to-end data delivery, flow control, and error recovery, which is critical for ensuring integrity of interbank transactions.
What is a MAC address and how is it used in banking network devices?
A unique hardware identifier assigned to each network interface card permanently.
What is the role of a firewall in a bank's network security architecture?
A firewall monitors and controls incoming and outgoing network traffic based on predefined security rules, protecting the bank's internal network from unauthorized access and cyber threats.
What is the purpose of subnetting in a large bank's IP network?
Subnetting divides a network into smaller segments for better management and security.
How does a Virtual Private Network (VPN) benefit banking operations across branch networks?
A VPN creates an encrypted tunnel over a public network, enabling secure and private communication between bank branches and head offices without the cost of dedicated leased lines.
What is the function of a gateway in a bank's network infrastructure?
A gateway connects two networks using different protocols, enabling interoperability.
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