IT Domain
Key Concepts
- Phantom Read: When, during a transaction, two identical queries return different collections of rows.
- ISO OSI Model: Routing is performed at the Network Layer.
- OSPF: Full form is Open Shortest Path First.
- Tier of Cities: Tier 1-6 cities can open a Digital Banking Unit (DBU).
- Baroda VISA Vyapaar Debit Card: Issued to Private Limited Companies, Public Limited Companies, and Partnership Firms.
- Bob World Benefits:
- Customer is automatically registered for the program.
- B3 Bronze accounts can be opened via Bob World.
- Biometric Examples: Includes fingerprints, iris scans, etc.
- Cloud Platform: Coding and executing programs are done on PaaS (Platform as a Service).
- Proxy Servers: Used for anonymous browsing, administrative controls, caching, and forwarding.
- Kernel: The core part of an operating system, managing hardware and software interactions.
- Firewalls: Devices that provide network security by monitoring and controlling incoming and outgoing traffic.
Programming and Security
- Polymorphism: Allows entities to behave differently based on the context in programming.
- DMZ (Demilitarized Zone): A physical or logical subnetwork that contains and exposes external-facing services to an untrusted network.
- Encryption: Examples include symmetric encryption methods like AES.
- COBIT Framework: Issued by ISACA.
- The COBIT (Control Objectives for Information and Related Technologies) framework is issued by ISACA (Information Systems Audit and Control Association).
- Key Details:
- Purpose: COBIT is a globally recognized framework for IT governance and management.
- Focus: It provides tools, practices, and guidelines to help organizations achieve their IT goals while maintaining compliance, risk management, and performance.
- Hashing Algorithms: Includes SHA and MD5.
Databases and Networking
- Deleting a Database Table: Command:
DROP TABLE [table_name]. - Threat and Vulnerability Assessment: Includes Risk Analysis Reports.
- Storage Units: Largest is Zettabyte (ZB).
| Unit | Symbol | Size (in bytes) |
|---|---|---|
| Bit | b | Smallest unit of data |
| Byte | B | 8 bits (a single character) |
| Kilobyte | KB | 1,024 bytes |
| Megabyte | MB | 1,024 KB (1,048,576 bytes) |
| Gigabyte | GB | 1,024 MB (1,073,741,824 bytes) |
| Terabyte | TB | 1,024 GB |
| Petabyte | PB | 1,024 TB |
| Exabyte | EB | 1,024 PB |
| Zettabyte | ZB | 1,024 EB |
| Yottabyte | YB | 1,024 ZB |
- ATM Switching: Handled by NFS under IDRBT.
- Private Ports: Used internally within organizations.
- IMPS: Developed by NPCI, often used for real-time interbank transfers.
General Awareness
Banking and Financial Awareness
- Collateral-Free Agri Loan: Limits depend on specified eligibility criteria.
- Currency Chest Transactions: Minimum amount ₹1,00,000; thereafter in multiples of ₹50,000.
- CRR (2024): Maintained at 4.25%.
- Education Loan Limit: Under priority sector lending, capped at ₹20 Lakh.
- PSB59MinLoan:
- Launch Year: 2018, as part of the government’s initiative to promote MSMEs.
- Purpose: To provide quick loan approvals for MSMEs within 59 minutes.
- Loan Amount: Offers loans ranging from ₹1 lakh to ₹5 crore.
- mudra loan upto ₹ 10 lac
- Home loan upto ₹ 10 Cr.
- Personal loan upto ₹ 20 lac
- Auto loan upto ₹ 1 Cr
- MSME loan upto 5 Crore
- Eligibility:
- MSMEs registered with GST and having IT returns filed.
- Existing or new businesses.
- Features:
- Collateral-Free Loans under schemes like CGTMSE.
- Loans are processed by Public Sector Banks (PSBs) and other participating banks.
- Interest rates start as low as 8.5%.
- Process:
- Apply online at the official portal: psbloansin59minutes.com.
- Submit GST details, IT returns, and bank statement details.
- Get in-principle approval within 59 minutes.
- Disbursement is subject to verification by the selected bank.
Government Initiatives
- eNAM: Digital marketplace for farmers.
- Launched by the Government of India in 2016.
- To create a unified national market for agricultural commodities and promote transparent, online trading.
- Part of the Digital India initiative and Atmanirbhar Bharat.
- Features:
- Online Platform: Connects APMCs (Agricultural Produce Market Committees) across India.
- Commodity Trading: Facilitates the trade of various agricultural products like grains, fruits, and vegetables.
- Price Discovery: Provides real-time price information for better market access and decision-making.
- DAY-NRLM: Self-help group initiative.
- To reduce poverty by enabling poor rural families to access self-employment and skilled wage employment opportunities.
- Target Beneficiaries:
- Primarily focuses on rural women from poor households.
- Encourages the formation of Self-Help Groups (SHGs) and their federations.
- DAY-NRLM is implemented by State Rural Livelihood Missions (SRLMs), with each state tailoring the program based on local needs and priorities
- PMJDY: Enhanced sum insured at ₹2 Lakh.
- SMILE Program: Focused on livelihood support for marginalized individuals.
- Support for Marginalized Individuals for Livelihood and Enterprise
- Launched by: Ministry of Social Justice and Empowerment, Government of India.
- Empowers transgender individuals and other marginalized communities by providing them with tools for self-reliance and reducing dependence on begging.
- Components of the SMILE Program:
- Livelihood
- Shelter
- Healthcare
- Legal Support
Regulatory and Economic Updates
- Monetary Policy: Published every 14 days.
- Repo Rate: 6.5% as per LAF.
- Largest Economic Contributor: Service Sector leads in GDP contribution.
Fraud Prevention and Digital Security
- Vishing: Fraudulent calls targeting sensitive data.
- Keylogging: Malicious tracking of keyboard activity.
- Tokenization: Used to secure sensitive data during online transactions.
Miscellaneous
IT and Networking
- Blockchain Technology: Immutable ledger for recording transactions.
- Tokenization: Optional for customers; applicable only on domestic merchants.
- The primary purpose of tokenization is to protect sensitive card information from being exposed during transactions. The actual card details are stored securely with the bank or payment processor, not the merchant.
- During a transaction, the card number is replaced by a token that can only be used within a specific payment system or merchant. The merchant does not have access to the actual card details.
- his token is sent for processing, and the payment network uses it to retrieve the actual card information stored in a secure database.
- Cloud-Based Solutions: Emphasis on secure, scalable platforms for business operations.
Digital Payment Systems
- UPI: Comprises 75% of the digital transaction ecosystem.
- Contactless Card Transactions: Maximum limit capped at ₹5,000.