Banking Computers Introduction to Hardware and Software Solved Paper - Computer Software

  • question_answer After a credit card transaction has been authorized by the issuing bank by sending an authorization code to the merchant, the settlement stage of the process begins. Which of the following is a system type used to process such statements?                                                                                                                     [IBPS PO Mains, 2016]

    A)  Multitasking      

    B)  Memory Processing

    C)  Level Processing

    D)  Batch Processing

    E)  Online Processing

    Correct Answer: D

    Solution :

    Not Available


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