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PPB Capsule Cards PRO Data Communication Networ…
NEFT revolutionized retail payments in India. Unlike RTGS, how are NEFT transactions settled throughout the day, and are there any minimum or maximum limits?
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NEFT (National Electronic Fund Transfer)
Data Communication Network and EFT Systems 40
WA 40
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To speed up fund transfers without manual intervention, banks employ a specific methodology for NEFT processing. What is STP?
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Straight Through Processing (STP) in NEFT
Data Communication Network and EFT Systems 31
WA 31
PPB Capsule Cards PRO Data Communication Networ…
Data travels over telephone lines in analog form, while computers process digital data. Which specific hardware device is responsible for converting signals between these two formats?
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Modulation and Demodulation
Data Communication Network and EFT Systems 30
WA 30
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For high-value corporate and individual transactions, time is critical. What defines the RTGS system, and what is the minimum limit for customer transactions?
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RTGS (Real-Time Gross Settlement)
Data Communication Network and EFT Systems 30
WA 30
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The direction of signal flow determines the transmission mode. What is the key difference between a Simplex transmission and a Half-duplex transmission?
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Modes of Transmission: Simplex vs Half-duplex
Data Communication Network and EFT Systems 29
WA 29
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Banks require highly secure, high-speed data transfer media. Why is Optical Fibre considered a technological breakthrough compared to terrestrial cables like twisted pairs or coaxial cables?
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Optical Fibre Communication
Data Communication Network and EFT Systems 29
WA 29
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Transferring large data files between regional offices and Head Office securely is vital. What does FTP stand for, and why is SFTP preferred in modern banking?
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Internet Services: FTP & SFTP
Data Communication Network and EFT Systems 29
WA 29
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For international remittances, banks rely on a highly secure global cooperative network. What does SWIFT stand for, and what exactly does it transmit?
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SWIFT: Global Messaging
Data Communication Network and EFT Systems 29
WA 29
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Given the high value of international transactions, SWIFT employs rigorous security. What are the three primary security features used to protect messages in SWIFT?
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SWIFT Security Features
Data Communication Network and EFT Systems 29
WA 29
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In large bank networks, sending multiple low-speed signals over individual lines is expensive. What device combines inputs from multiple terminals and transmits them over a single high-speed channel?
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Transmission Processors: Multiplexer (MUX)
Data Communication Network and EFT Systems 28
WA 28
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To create a robust communication backbone for the financial sector, the RBI set up a nationwide closed user group network. What is the name of this network based in Hyderabad?
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INFINET (Indian Financial Network)
Data Communication Network and EFT Systems 28
WA 28
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Different financial hubs use specific automated clearing houses for large-value payments. Match CHIPS, CHAPS, and CHATS with their respective operating countries/regions.
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Global Automated Clearing Systems
Data Communication Network and EFT Systems 24
WA 24
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Mainframe computers in Data Centres are powerful but shouldn't waste processing power managing basic network traffic. What device handles this task?
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Transmission Processors: Front-End Processor (FEP)
Data Communication Network and EFT Systems 23
WA 23
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Physical movement of cheques across India was slow and risky. What is the Cheque Truncation System (CTS) introduced by the RBI?
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Cheque Truncation System (CTS)
Data Communication Network and EFT Systems 22
WA 22
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To manage liquidity, RTGS enforces submission deadlines. What is the difference between Initial Cut-Off (ICO) and Final Cut-Off (FCO)?
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RTGS Business Day: Cut-offs (ICO & FCO)
Data Communication Network and EFT Systems 18
WA 18
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The RTGS system follows a strict daily schedule operated by the RBI. What occurs during the Start of Day (SOD) and Open for Business (OFB) phases?
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RTGS Business Day: SOD and OFB
Data Communication Network and EFT Systems 24
WA 24
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To connect a branch or home computer to an Internet Service Provider (ISP), specific interface protocols are required. Name the two primary protocols used for this type of dial-up/broadband connection.
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Internet Access Protocols: SLIP & PPP
Data Communication Network and EFT Systems 20
WA 20
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EFT Point of Sale (EFTPOS) drastically reduced cash handling for retailers. How does a POS transaction conceptually flow from a merchant to the customer's bank?
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Point of Sale (POS) Systems
Data Communication Network and EFT Systems 20
WA 20
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Truncation can be processed via data or visual confirmation. Differentiate between 'Using MICR data' and 'Using image processing' in CTS.
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CTS Clearing Methods: MICR vs Image
Data Communication Network and EFT Systems 19
WA 19
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In the USA, what is the primary gross settlement funds transfer system operated by the Federal Reserve for depository institutions to transfer reserve account balances?
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Fedwire System
Data Communication Network and EFT Systems 18
WA 18
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Data Communication Network and EFT Systems — JAIIB PPB Capsules

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NEFT (National Electronic Fund Transfer) NEFT revolutionized retail payments in India. Unlike RTGS, how are NEFT transactions settled throughout… Straight Through Processing (STP) in NEFT To speed up fund transfers without manual intervention, banks employ a specific methodology for NEFT pro… Modulation and Demodulation Data travels over telephone lines in analog form, while computers process digital data. Which specific h… RTGS (Real-Time Gross Settlement) For high-value corporate and individual transactions, time is critical. What defines the RTGS system, an… Modes of Transmission: Simplex vs Half-duplex The direction of signal flow determines the transmission mode. What is the key difference between a Simp… Optical Fibre Communication Banks require highly secure, high-speed data transfer media. Why is Optical Fibre considered a technolog… Internet Services: FTP & SFTP Transferring large data files between regional offices and Head Office securely is vital. What does FTP… SWIFT: Global Messaging For international remittances, banks rely on a highly secure global cooperative network. What does SWIFT… SWIFT Security Features Given the high value of international transactions, SWIFT employs rigorous security. What are the three… Transmission Processors: Multiplexer (MUX) In large bank networks, sending multiple low-speed signals over individual lines is expensive. What devi… INFINET (Indian Financial Network) To create a robust communication backbone for the financial sector, the RBI set up a nationwide closed u… Global Automated Clearing Systems Different financial hubs use specific automated clearing houses for large-value payments. Match CHIPS, C… Transmission Processors: Front-End Processor (FEP) Mainframe computers in Data Centres are powerful but shouldn't waste processing power managing basic net… Cheque Truncation System (CTS) Physical movement of cheques across India was slow and risky. What is the Cheque Truncation System (CTS)… RTGS Business Day: Cut-offs (ICO & FCO) To manage liquidity, RTGS enforces submission deadlines. What is the difference between Initial Cut-Off… RTGS Business Day: SOD and OFB The RTGS system follows a strict daily schedule operated by the RBI. What occurs during the Start of Day… Internet Access Protocols: SLIP & PPP To connect a branch or home computer to an Internet Service Provider (ISP), specific interface protocols… Point of Sale (POS) Systems EFT Point of Sale (EFTPOS) drastically reduced cash handling for retailers. How does a POS transaction c… CTS Clearing Methods: MICR vs Image Truncation can be processed via data or visual confirmation. Differentiate between 'Using MICR data' and… Fedwire System In the USA, what is the primary gross settlement funds transfer system operated by the Federal Reserve f…
Chapters in this paper
Banker-Customer Relationship Principles of Lending, Different Types of Borrowers, and Types of Credit Facilities Essentials of Bank Computerisation Ethics, Business Ethics & Banking: An Integrated Perspective AML- KYC Guidelines Appraisal and Assessment of Credit Facilities Operational Aspects of CBS Environment Ethics at the Individual Level Operational Aspects of KYC Operational Aspects of Loan Accounts Alternate Delivery Channels – Digital Banking Ethical Dimensions: Employees Opening Accounts of Various Types of Customers Types of Collaterals and their Characteristics Data Communication Network and EFT Systems Work Ethics and the Workplace
Modules in PPB
MODULE A: General Banking Operations MODULE B: Functions of Banks MODULE C: Banking Technology MODULE D: Ethics in Banks and Financial Institutions
JAIIB papers
IE-IFS — Indian Economy & Indian Financial System PPB — Principles & Practices of Banking AFM — Accounting & Financial Management for Bankers RBWM — Retail Banking & Wealth Management
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