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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?

A. Multitasking

B. Memory Processing

C. Level Processing

D. Batch Processing

Correct Answer :

D. Batch Processing


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. This is called batch processing because a number (or batch) of transactions is settled all at one time.

Related Questions

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What is the Ramanujam committee constituted for?

A. To keep tab on the child trafficking

B. To check corruption in Banks

C. To oversee the foreign trade

D. To avoid obsolete laws

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4

In Computer programming there is set of subroutine definitions, protocols, and tools for building software and applications. Which among the following is a term for sets of requirements that govern how one application can talk to another?

A. UPS

B. API

C. CGI

D. J2EE

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4

Please select the most appropriate option

A. If I have enough money I would have backpack around Europe. But unfortunately I was broken.

B. If I have had enough money, I would have done backpack around Europe. But, unfortunately I am broke.

C. If I had enough money I would backpack around Europe. But, unfortunately I am broke.

D. If I have enough money I would backpack around all over the Europe. But unfortunately I am broke.

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4

An inspector is 228 meter behind the thief. The inspector runs 42 meters and the thief runs 30 meters in a minute. In what time will the inspector catch the thief?

A. 19 minutes

B. 20 minutes

C. 18 minutes

D. 21 minutes

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4

We have in America a collection speech that is neither American, Oxford English, nor colloquial English, but a mixture of all three.

A. motley, an enhancement

B. hybrid, a combination

C. nasal, a blend

D. mangled, a medley.

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4

7x + 6y + 4z = 122
4x + 5y + 3z = 88
9x + 2y + z = 78

A. x < y = z

B. x <= y < z

C. x < y > z

D. x = y > z

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4

According to the given code, what is the code for 'M' ?

A. 12

B. 8

C. 10

D. 7

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4

What does this mean that India will continue to be a haven of stability?

A. That new budget will make India stable forever.

B. The four pillars of budget will lead to make stability.

C. India will continue towards stability even in disturbed economic environment.

D. The budget will remain unchanged even in turbulent and choppy economic environment.

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4

Which agency in India provides refinance of export credit?

A. SIDBI

B. NABARD

C. RBI

D. EXIM Bank

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4

Which cloud is a cloud computing environment that uses a mix of on-premises, private cloud and third-party, public cloud services with orchestration between the two platforms and it is particularly valuable for dynamic or highly changeable workloads?

A. Dynamic Cloud

B. Advance Cloud

C. Hybrid Cloud

D. Sharing Cloud

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4

Pipes A and B can fill a cistern in 15 hours together. But if these pipes operate separately A takes 40 hours less than B to fill the tank. In how many hours the pipe A will fill the cistern working alone?

A. 60

B. 20

C. 40

D. 15

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4

Please select the most appropriate option

A. Although I already knew the answer and he invited me to visit him often, since I just have seen her in the square, I was never determined to yield this point.

B. Although I have already known the answer and he invited me to visit him often but since I just have seen her in the square, I was not determined to yield this point.

C. Although I knew the answer already, and he has often invited me to visit him, since I just have seen her in the square, I am never determined to yield this point.

D. None is true.

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4

Statement: It is desirable to put the child in school at the age of 5 or so.
Assumptions:
I. At that age the child reaches appropriate level of development and is ready to learn.
II. The schools do not admit children after six years of age.

A. If only assumption I is implicit

B. If only assumption II is implicit

C. If either I or II is implicit

D. If neither I nor II is implicit

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4

There is a network that can connect networks ranging from small location or area to a bigger range including public packet network and large corporate networks. That network's enterprise allows users to share access to applications, services and other centrally located resources. Its ability for a huge geographical access has transformed networking. Which among the following is that network?

A. SAN

B. CAN

C. LAN

D. WAN

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4

According to 2011 Census figures, which state has recorded the highest sex ratio?

A. Uttar Pradesh

B. Haryana

C. Punjab

D. Kerala

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4

Which among the following is not an Object Oriented Programming Language?

A. Python

B. PASCAL

C. Java

D. C++

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4

How many females are there in the family?

A. One

B. two

C. three

D. four

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4

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?

A. Multitasking

B. Memory Processing

C. Level Processing

D. Batch Processing

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4

If D and F interchange their places then who among the following is on the immediate left of G?

A. B

B. D

C. H

D. F

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4

The high-security banknote production facility which is credited with the design of the Rs 2000 banknote has been set up at _____________ .

A. Nasik

B. Dewas

C. Mysuru

D. Noida

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4

Three pipe P, Q and R can fill a tank in 12 minutes, 18 minutes and 24 minutes respectively. The pipe R is closed 12 minutes before the tank is filled. In what time the tank is full?

A. 8513 hrs

B. 8413 hrs

C. 7413 hrs

D. 8613 hrs

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4

The Time Traveler (for so it will be convenient to speak of him) was expounding a recondite matter to us. His grey eyes shone and twinkled, and his usually pale face was flushed and animated. The fire burned brightly, and the soft radiance of the incandescent lights in the lilies of silver caught the bubbles that flashed and passed in our glasses. Our chairs, being his patents, embraced and caressed us rather than submitted to be sat upon, and there was that luxurious after-dinner atmosphere when thought roams gracefully free of the trammels of precision. (_________________).

A. And slowly and steadily, the atmosphere grew stale and lost all the vibrancy it had

B. And he put it to us in this waymarking the points with a lean forefingeras we sat and lazily admired his earnestness over this new paradox (as we thought it) and his fecundity

C. We sat like toddlers do in a nursery, eagerly anticipating the show the Time Traveler would put on for us

D. We sat benumbed by the proceedings, for the radiance of the Time Traveler was unimaginable and unbearable

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Who is the mother of R?

A. Q

B. Z

C. Y

D. X

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Which of the following awards is given in the field of literature?

A. Arjuna Award

B. Ashok Chakra

C. Vyas Samman

D. Bharat Award

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4

6 13 20 65 256 ?

A. 1283

B. 1756

C. 2786

D. 2686

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4

Which among the following is a cloud computing platform and infrastructure created by Microsoft?

A. Simple Storage Service

B. Atmos

C. Openstack Swift

D. Azure

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4

The ratio of the monthly salaries of A and B is in the ratio 5 : 16 and that of B and C is in the ratio 17 : 18. Find the monthly income of C if the total of their monthly salary is 1,87,450.

A. 66,240

B. 72,100

C. 62,200

D. 65,800

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4

How is household savings related to overall economic growth? Give your answer in the context of the passage?
(A) Overall economic growth is directly related to household savings.
(B) Overall economic growth is inversely proportional to household savings.
(C) There is no specific relationship between overall economic growth and household savings.

A. Only (C)

B. Only (B)

C. Only (A)

D. Either (A) or (B)

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The code word 6$A for the word

A. Later

B. Arrive

C. Earlier

D. Today

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Which among the following key can be used as a shortcut to rename a folder in Microsoft Windows 8 and higher versions?

A. F2

B. F4

C. F6

D. F9