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Banking Computers Science Sample Paper Computer - Sample Paper - 8

  • question_answer
     Name a system/organization which operates with an objective of creating a unified international trisection processing transmission to meet the ever growing telecommunications requirements of the banking industry.

    A) Internet 

    B)        CHIPS

    C) CHATS

    D)        SWIFT

    E) None of these

    Correct Answer: D

    Solution :

    SWIFT stands for society for worldwide Internet financial Telecommunications. The objective of the company is for collective benefit of the members of the company, the study, creation. utilisation and operation of the means necessary for the telecommunication, transmission and routing  of private, confidential and proprietary financial messages,


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