Computer Terms & Abbreviations

Terms	Full Form	Definition
VOIP	Voice Over Internet Protocol	VOIP is a methodology and group of technologies for the delivery of voice communications and multimedia sessions over Internet Protocol (IP) networks, such as the Internet.
VRAM	Video Random Access Memory	VRAM is a dual-ported variant of dynamic RAM (DRAM), which was once commonly used to store the framebuffer in some graphics adapters.
VPN	Virtual Private Network	VPN is a virtualized extension of a private network across a public network, such as the Internet. It enables users to send and receive data across shared or public networks as if their computing devices were directly connected to the private network
VRML	Virtual Reality Modeling Language	VRML is a standard file format for representing 3-dimensional (3D) interactive vector graphics, designed particularly with the World Wide Web in mind
WAN	Wide Area Network	WAN is a telecommunications network or computer network that extends over a large geographical distance.
WAP	Wireless Application Protocol	WAP is a technical standard for accessing information over a mobile wireless network. A WAP browser is a web browser for mobile devices such as mobile phones that uses the protocol.
WBMP	Wireless Bitmap Image	WBMP is a monochrome graphics file format optimized for mobile computing devices.
WLAN	Wireless Local Area Network	WLAN is a wireless computer network that links two or more devices using a wireless distribution method within a limited area such as a home, school, computer laboratory, or office building.
WMV	Windows Media Video	WMV is the name of a series of video codecs and their corresponding video coding formats developed by Microsoft. It is part of the Windows Media framework.
WML	Wireless Markup Language	WML is a markup language intended for devices that implement the Wireless Application Protocol (WAP) specification, such as mobile phones.
WINS	Windows Internet Name Service	WINS is Microsoft’s implementation of NetBIOS Name Service (NBNS), a name server and service for NetBIOS computer names.
WMA	Windows Media Audio	WMA is the name of a series of audio codecs and their corresponding audio coding formats developed by Microsoft.
XT	Extended Technology
XMF	Extensible Music File	XMF is an audio file container format developed by the MIDI Manufacturers Association.
XML	Extensible Markup Language	XML is a markup language that defines a set of rules for encoding documents in a format that is both human-readable and machine-readable. The W3C’s XML 1.0 Specification and several other related specifications—all of them free open standards—define XML.
XMS	Extended Memory Specification	The term is mainly used under the DOS and Windows operating systems. DOS programs, running in real mode or virtual x86 mode, cannot directly access this memory, but are able to do so through an application programming interface called the eXtended Memory Specification (XMS).
XHTML	Extensible Hypertext Markup Language	XHTML is part of the family of XML markup languages. It mirrors or extends versions of the widely used Hypertext Markup Language (HTML), the language in which Web pages are formulated.
XSL	Extensible Style Language	XSL is a language for expressing style sheets. An XSL style sheet is, like with CSS, a file that describes how to display an XML document of a given type. XSL shares the functionality and is compatible with CSS2.
Yahoo	Yet Another Hierarchical Officious Oracle	Yahoo is an American multinational technology company headquartered in Sunnyvale, California. Yahoo was founded by Jerry Yang and David Filo in January 1994 and was incorporated on March 2, 1995.
YB	YOTTA BYTE	It is a measure of theoretical storage capacity 1 YB = 1012 TB
YiB	YOBI BYTE	It is a measure of theoretical storage capacity 1 YiB = 1.20893 YB
ZB	ZETTA BYTE	It is a measure of theoretical storage capacity 1 ZB = 109 TB
ZiB	Zebi Byte	It is a measure of theoretical storage capacity 1 ZiB = 1.18059 ZB

Banking Awareness,

Q1. __________ an asset, including a leased asset, becomes non­ performing when it ceases to generate income for the bank.

(a) NPA

(b) KCC

(c) NPV

(d) GDP

(e) GNP

Q2. NPA stands for- 

(a) National ­performing Assets 

(b) New ­performing Assets 

(c) Non ­production Assets 

(d) Non ­performing Assembly

(e) Non ­performing Assets

Q3. MUDRA is a financial institution has been set up by Government of India for development and refinancing micro-units’ enterprises. What is the meaning of "A" in MUDRA?

(a) Agency

(b) Association

(c) Assembly

(d) Agent

(e) Alert

Q4. MUDRA stands for- 

(a) Micro Units Development & Refinance Agent

(b) Medium Units Development & Refinance Association

(c) Micro Units Department & Refinance Agency 

(d) Micro Units Development & Refinance Agency

(e) Micro Unique Development & Refinance Assembly

Q5. India was one of the first in Asia to recognise the effectiveness of the EPZ model in promoting exports. EPZ stands for-

(a) Export Point Zone

(b) External Processing Zone

(c) Export Production Zone

(d) Export Processing Zone

(e) Export Processing Zonal

Q6. Asia's first EPZ was set up in-

(a) Kandla, Gujarat

(b) Indore, Madhya Pradesh

(c) Kolhapur, Maharashtra

(d) Kochin, Kerala

(e) Haridwar, Uttarakhand

Q7. NPA is a loan or an advance where interest and/or instalment of principal remain overdue for a period of more than ______ days in respect of a term loan.

(a) 100 days

(b) 30 days

(c) 90 days

(d) 60 days

(e) 120 days

Q8. NPA is a loan or an advance where?

(a) the instalment of principal or interest there on remains overdue for one crop season for long duration crops.

(b) the account remains ‘out of order’ in respect of an Overdraft/Cash Credit (OD/CC).

(c) the instalment of principal or interest there on remains overdue for two crop seasons for short duration crops.

(d) All of the above

(e) None of the above

Q9. The purpose of MUDRA is to provide funding to the non-corporate small business sector through various Last Mile Financial Institutions like-

(a) Banks

(b) NBFCs

(c) MFIs 

(d) All of the above

(e) None of the above

Q10. MUDRA Bank, a Non-Banking Finance Company as MUDRA Ltd has been set up as a subsidiary of............?

(a) SIDBI

(b) IDBI

(c) RBI

(d) NABARD

(e) SBI

Q11. In which among the following year Asia's first Export Processing Zone (EPZ) was set up?

(a) 1959

(b) 1971

(c) 1965

(d) 1956

(e) 1975

Q12. What is the meaning of "E" in SEZs?

(a) Essential

(b) Economic

(c) Electronic

(d) Effective

(e) None of the above

Q13. Banks are required to classify NPA further into the ___________ categories based on the period for which the asset has remained non­performing and the realisability of the dues.

(a) One 

(b) Three

(c) Two

(d) Four

(e) Six

Q14. Which among the following are not the categories of NPA?

(a) Sub­standard Assets

(b) Profit Assets

(c) Doubtful Assets

(d) Loss Assets

(e) None of the above

Q15. PMMY were launched on 08 April 2015 by the Hon’ble Prime Minister Narendra Modi. What is the full form of PMMY?

(a) Pradhan Manager MUDRA Yojana 

(b) Pradhan Mantri MUDRA Yatra 

(c) Pradhan Mantri MUDRA Yojana

(d) Pramukh Mantri MUDRA Yojana 

(e) None of the above

Solutions

S1. Ans.(a)
Sol. Non ­performing Assets (NPA) is an asset, including a leased asset, becomes non­ performing when it ceases to generate income for the bank.

S2. Ans.(e)
Sol. NPA stands for Non ­performing Assets.

S3. Ans.(a)
Sol. MUDRA, which stands for Micro-Units Development & Refinance Agency Ltd, is a financial institution being set up by Government of India for development and refinancing micro-units’ enterprises. 

S4. Ans.(d)
Sol. MUDRA, which stands for Micro-Units Development & Refinance Agency Ltd, is a financial institution being set up by Government of India for development and refinancing micro-units’ enterprises. It was announced by the Hon’ble Finance Minister while presenting the Union Budget for FY 2016. The purpose of MUDRA is to provide funding to the non-corporate small business sector through various Last Mile Financial Institutions like Banks, NBFCs and MFIs.

S5. Ans.(d)
Sol. India was one of the first in Asia to recognise the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla, Gujarat in 1965. 

S6. Ans.(a)
Sol. India was one of the first in Asia to recognise the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla, Gujarat in 1965. 

S7. Ans.(c)
Sol. A non ­performing asset (NPA) is a loan or an advance where interest and/or installment of principal remain overdue for a period of more than 90 days in respect of a term loan.

S8. Ans.(d)
Sol. A non ­performing asset (NPA) is a loan or an advance where;
1. interest and/or installment of principal remain overdue for a period of more than 90 days in respect of a term loan.
2. the account remains ‘out of order’ in respect of an Overdraft/Cash Credit (OD/CC).
3. the bill remains overdue for a period of more than 90 days in the case of bills purchased and discounted.
4. the instalment of principal or interest there on remains overdue for two crop seasons for short duration crops.
5. the instalment of principal or interest there on remains overdue for one crop season for long duration crops.
6. the amount of liquidity facility remains outstanding for more than 90 days, in respect of a securitisation transaction undertaken in terms of guidelines on securitisation dated February 1, 2006.
7. in respect of derivative transactions, the overdue receivables representing positive mark-to-market value of a derivative contract, if these remain unpaid for a period of 90 days from the specified due date for payment.

S9. Ans.(d)
Sol. MUDRA, which stands for Micro Units Development & Refinance Agency Ltd, is a financial institution being set up by Government of India for development and refinancing micro units’ enterprises. It was announced by the Hon’ble Finance Minister while presenting the Union Budget for FY 2016. The purpose of MUDRA is to provide funding to the non-corporate small business sector through various Last Mile Financial Institutions like Banks, NBFCs and MFIs. 

S10. Ans.(a)
Sol. MUDRA Bank, a Non Banking Finance Company as MUDRA Ltd has been set up as a subsidiary of SIDBI.

S11. Ans.(c)
Sol. India was one of the first in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla, Gujarat in 1965. With a view to overcome the shortcomings experienced on account of the multiplicity of controls and clearances; absence of world-class infrastructure, and an unstable fiscal regime and with a view to attract larger foreign investments in India, the Special Economic Zones (SEZs) Policy was announced in April 2000.

S12. Ans.(b)
Sol. SEZs stands for Special Economic Zones.

S13. Ans.(b)
Sol. Banks are required to classify non­performing assets further into the following three categories based on the period for which the asset has remained non­performing and the realisability of the dues:
1. Sub­standard Assets
2. Doubtful Assets
3. Loss Assets

S14. Ans.(b)
Sol. Banks are required to classify non­performing assets further into the following three categories based on the period for which the asset has remained non­performing and the realisability of the dues:
1. Sub­standard Assets
2. Doubtful Assets
3. Loss Assets

S15. Ans.(c)
Sol. PMMY stands for Pradhan Mantri MUDRA Yojana.

QUIZ-30

Q1. Name the Indian Badminton Player who has recently become a member of the Badminton World Federation (BWF) Athletes' Commission.

(a) Saina Nehwal

(b) Jwala Gutta

(c) Rohan Bopanna

(d) P.V. Sindhu

(e) Pullela Gopichand

Q2. Name the Indian Player who has won the coveted International Cricketer of the Year award at the CEAT Cricket Rating (CCR) International Awards 2017.
(a) Ravindra Jadeja
(b) Virat Kohli
(c) Ravichandran Ashwin
(d) Jasprit Bumrah
(e) Rohit Sharma

Q3. A new book on Virat Kohli named “Winning like Virat: Think & Succeed like Kohli” was revealed recently. Who is the author of this book?
(a) Kamal Nasar
(b) Abhirup Bhattacharya
(c) Tapan Ray
(d) Unmukt Bannerjee
(e) Swaroop Kumar

Q4. In which of the following Indian States a massive immunisation drive has been launched in 38 districts to eradicate Japanese Encephalitis (JE)?
(a) Uttar Pradesh
(b) Madhya Pradesh
(c) Rajasthan
(d) Chandigarh
(e) Jharkhand

Q5. Which of the following Indian city has been named second among the world’s most crowded city, according to World Economic Forum (WEF) citing UN-Habitat data?
(a) New Delhi
(b) Kota
(c) Mumbai
(d) Kolkata
(e) Chennai

Q6. Prime Minister Narendra Modi has recently inaugurated the country’s longest bridge - the Dhola-Sadia Bridge in which state?
(a) Jammu & Kashmir
(b) Meghalaya
(c) Tripura
(d) Assam
(e) Chennai

Q7. President Pranab Mukherjee has reviled the first copy of two books 'Mann Ki Baat-A Social Revolution on Radio' and 'Marching with a Billion-Analysing Narendra Modi’s Government at Mid term' at Rashtrapati Bhavan in New Delhi. The book 'Marching with a Billion- Analysing Narendra Modi’s Government at Mid-term' is written by ______________.
(a) Uday Mahurkar
(b) Manan Chauhan
(c) Anup Bhattacharya
(d) Sanjay Mankad
(e) Saurabh Acharya

Q8. Google’s vice-president for South East Asia and India, _____________ has been appointed the new chairman of Internet and Mobile Association of India (IAMAI).
(a) Sanjeev Masand
(b) Rajan Anandan
(c) Nitesh Rajveer
(d) Bhanu Shah
(e) Prakash Tarak

Q9. Union surface transport minister Nitin Gadkari has flagged off taxi aggregator Ola's electronic vehicle (EV) services recently. Name the city that has become first in the country to have such a service.
(a) Bengaluru
(b) Bhubaneshwar
(c) Nagpur
(d) New Delhi
(e) Kolkata

Q10. India has recently announced a $500 million line of credit to which of the following country as the two countries resolved to deepen ties in a range of areas including the maritime domain.
(a) Austria
(b) Vietnam
(c) Cyprus
(d) Mauritius
(e) Australia

Q11. The government has selected five merchant bankers, including Goldman Sachs and Citigroup, to manage the government's 3 per cent stake sale in IOC (Indian Oil Corporation). Who is the present chairman of Indian Oil Corporation (IOC)?
(a) B Ashok
(b) R Manohar
(c) Vipul Shah
(d) S Prabhakaran
(e) Ravi Teza

Q12. Apple opened its first Southeast Asia store in which of the following country, drawing hundreds of excited fans to the swanky two-storey site in the city’s upmarket shopping district?
(a) Switzerland
(b) India
(c) Bhutan
(d) Mauritius
(e) Singapore

Q13. What is the capital city of Mauritius?
(a) Tirana
(b) Moscow
(c) Samoa
(d) Port Louis
(e) Senegal

Q14. Who is the current Chairman & Managing Director of Dena Bank?
(a) Shikha Sharma
(b) Ashwani Kumar
(c) Aditya Puri
(d) P S Jaykumar
(e) S Venkatesan

Q15. Who is the present President of Mauritius?
(a) Raouf Bundhun
(b) Sir Anerood Jugnauth
(c) Ameenah Gurib-Fakim
(d) Kailash Purryag
(e) Monique Ohsan Bellepeau

Solutions

S1. Ans.(d)
Sol. Olympic silver medalist P.V. Sindhu became a member of the BWF Athletes' Commission after voting closed for the four places on the representative body. The 21-year-old Indian topped the ballot with 129 votes as she led a trio of women onto the BWF Athletes' Commission.

S2. Ans.(c)
Sol. India off-spinner Ravichandran Ashwin won the coveted International Cricketer of the Year award at the CEAT Cricket Rating (CCR) International awards 2017.

S3. Ans.(b)
Sol. A new book “Winning like Virat: Think & Succeed like Kohli” by Abhirup Bhattacharya, unravels the secrets of the cricketer’s consistent form, while attempting to decode his philosophy towards life.

S4. Ans.(a)
Sol. In Uttar Pradesh, a massive immunization drive has been launched in 38 districts to eradicate Japanese Encephalitis (JE). Chief Minister Yogi Adityanath has launched the drive from Kushinagar district. The government also launched a toll-free number to get or provide any information about encephalitis. The number is 18001805544.

S5. Ans.(c)
Sol. Two Indian cities named Mumbai and Kota have been named among the world’s most crowded in a list topped by Dhaka, according to World Economic Forum (WEF) citing UN-Habitat data. Kota in Rajasthan with 12,100 people per square kilometer was ranked seventh.

S6. Ans.(d)
Sol. Prime Minister Narendra Modi has inaugurated the country’s longest bridge - the Dhola-Sadia Bridge in Assam.

S7. Ans.(a)
Sol. President Pranab Mukherjee has received the first copy of two books 'Mann Ki Baat-A Social Revolution on Radio' and 'Marching with a Billion-Analysing Narendra Modi’s Government at Mid-term' at Rashtrapati Bhavan in New Delhi. The book Marching with a Billion- Analysing Narendra Modi’s Government at Mid-term written by eminent journalist Uday Mahurkar.

S8. Ans.(b)
Sol. Google’s vice-president for South East Asia and India, Rajan Anandan has been appointed the new chairman of Internet and Mobile Association of India (IAMAI). He will take over from FreeCharge’s co-founder and chief executive officer Kunal Shah.

S9. Ans.(c)
Sol. Marking the third anniversary of the Narendra Modi government, Union surface transport minister Nitin Gadkari along with chief minister of Maharashtra, Devendra Fadnavis flagged off taxi aggregator Ola's electronic vehicle (EV) services in the city. Nagpur will be the first in country to have such a service.

S10. Ans.(d)
Sol. India announced a $500 million line of credit to Mauritius as the two countries resolved to deepen ties in a range of areas including the maritime domain. The two countries also signed a maritime security agreement after extensive talks between Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth.

S11. Ans.(a)
Sol. The government has selected five merchant bankers, including Goldman Sachs and Citigroup, to manage the government's 3 per cent stake sale in IOC (Indian Oil Corporation) which could fetch about Rs 6,000 crore to the exchequer. B Ashok is the present chairman of Indian Oil Corporation (IOC).

S12. Ans.(e)
Sol. Apple opened its first Southeast Asia store in Singapore, drawing hundreds of excited fans to the swanky two-storey site in the city’s upmarket shopping district. Located on the affluent Orchard Road, the new shop easily distinguished by its iconic glass facade is expected to be one of the most popular Apple stores in the world according to the US tech giant.

S13. Ans.(d)
Sol. Port Louis is the capital city of Mauritius. The Mauritian Rupee is the currency of Mauritius.

S14. Ans.(b)
Sol. Shri Ashwani Kumar is the current Chairman & Managing Director of Dena Bank. It is headquartered in Mumbai, Maharashtra.

S15. Ans.(c)
Sol. Ameenah Gurib-Fakim is present President of Mauritius.