Financial Technologies — DU B. Voc – Banking Operations Previous Year Question Papers

8. (a) A fintech company uses customer transaction data to approve loans instantly. Explain how big data and machine learning help in this process. (8) (b)What risks related to data privacy and cybersecurity may arise? (7) 1. (a) Trace the evolution of financial innovation and digit.al transformation in finance. (8) (b) Explain FinTech typology with suitable examples. 2. (a) A start-up plans to raise funds using crowdfunding instead of tr.aditional bank finance. Explain which type of crowdfunding would be most suitable and why. (8) (b) Discuss the key informational problems the platform may face and suggest solutions. (7) 3. (a). Discuss the evolution and digitalization of payment systems in India. (8) (b) Explain the features and working of RTGS and 4. (a) A business needs to transfer {501akh urgently to a supplier. Which payment system would you recommend and why? (8) (b) Compare UPI and IMPS from the perspective of small users and merchants. (7) 5. Write short notes on (Any three) : Electronic Clearing Service (ECS) RBI Guidelines on Digital payments FinTech in Insurance Regulatory Technology 7. (a) A land registry system is being shifted to blockchain technology. Explain how blockchain would improve transparency and efficiency. (8) (b) Identify the practical challenges in implementing such a system. (7)