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Essay of computerization


essay of computerization

: The customer could also invest in initial public offers online without going through the hassles of filling ANY application form/ paperwork. It makes everyone fittest to survive. Account management: The client can modify his own limits of right and state of the registered account in the personal e-bank, such as modifying his own login password, freezing or deleting some cards and. The modern technology has influenced the financial sector to a large extent. The benefit to the employee is equally amazing. The Supreme Court of India has become the first court in the country to provide e-filing of cases.

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It can carry our calculations in just a few minutes that would require days if carried out manually. (iii) Spot Trading: When looking at an immediate liquidity option, 'Cash on Spot' may work the best for him. Card accounts' transfer: The client can achieve the fund transfer between his own cards and transfer the fund to another person's Credit Card in the same city. It is an electronic device for storing and analyzing information fed into it, for calculating, or for controlling machinery automatically. On selling shares through "cash on spot money is credited to his bank a/c the same evening and not on the exchange payout date. In the back office automation, back office operations like maintenance of General Ledger accounts, etc., were computerized while front office work was done manually. The internet is the fastest and cheapest way to take admission in a foreign institution, collect geographical information of any region, chat with anybody in any corner of the world or search for life partner of ones choice. Thirdly, computerization needs heavy capital outlay for purchase of machines. The product facilitates: (a) One-to-one fund transfer between two linked accounts. The Bank may charge a nominal fee depending upon the nature of work involved. Viewing the sky, stars, and the constellations multiple-mirror reflecting telescopes using liquid mercury to construct large telescope mirrors luminosity of objects in the sky /luminosity of near stars, implications for life a telescope probe going 90 billion miles out Pioneer 10, solar wind, and gravity.

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