Question: What Is The Advantage And Disadvantage Of Computer In Banking?

How do computers benefit students?

Improved student performance Including computers as one of the learning tools in school is essential.

With the use of computers, students are more likely to enjoy studying, resulting in better performance.

They feel more involved and focused when computers are in use..

What is importance of computer?

Computer has become very important nowadays because it is very much accurate, fast and can accomplish many tasks easily. Otherwise to complete those tasks manually much more time is required. It can do very big calculations in just a fraction of a second. Moreover it can store huge amount of data in it.

What is the advantage and disadvantage of insurance?

It does not compensate all types of losses which caused baisness to insured by insurance company. It takes more time to provide financial compensation because lengthy legal formalities. Although insurance encourages savings, it does not provide the facilities that are provided by bank.

What is the main limitation of computer?

Another of the limitations of computer systems is that they have zero Intelligence Quotient (IQ). They are unable to see and think the actions to perform in a particular situation unless that situation is already programmed into them. Computers are programmable to complete each and every task, however small it may be.

What are disadvantages?

1 : loss or damage especially to reputation, credit, or finances : detriment the deal worked to their disadvantage. 2a : an unfavorable, inferior, or prejudicial condition we were at a disadvantage.

What is the benefit of computer?

Computers benefit the business and personal world by being able to do the following more efficiently: buying and selling products, communicating throughout the world, enhancing our knowledge, job influences, entertainment, research, and paying bills.

What is computer and advantages and disadvantages?

By Dinesh Thakur. Computer has making human life faster because of its incredible speed,Accuracy and storage, with which human can save anything and search it out easily when needed. We can say computer a versatile machine because it is very flexible in performing their jobs.

Why computers are used in hospitals?

Big hospitals employ computer systems to maintain patient records. It is often necessary to maintain detailed records of the medical history of patients. Doctors often require the information about a patient’s family history, physical ailments, already diagnosed diseases and prescribed medicines.

What are the two advantages of computer?

What are the advantages of a computer?Increase your productivity. Computers help increase user productivity, and users become more productive at everything you do on the software running on the computer with a good understanding. … Can store massive amounts of information and reduce waste. … Connects you to the Internet.

What are the 10 advantages of computer?

Below is a list of the main advantages and benefits you’ll get and society gets from using a computer.Increase your productivity. … Connects you to the Internet. … Can store vast amounts of information and reduce waste. … Helps sort, organize, and search through information. … Get a better understanding of data. … Keeps you connected.More items…•

What are disadvantages of a computer?

Below is given a list of many of the disadvantages of a computer and described what kind of problem you may face.Too much sitting. … Carpal tunnel and eye strain. … Short attention span and too much multitasking. … Potential of loss of privacy. … Can limit learning and create a dependency. … Time sink and lots of distractions.More items…

What are the 10 Disadvantages of Internet?

What are the disadvantages of the Internet?Addiction, time-waster, and causes distractions. … Bullying, trolls, stalkers, and crime. … Spam and advertising. … Pornographic and violent images. … Never being able to disconnect from work. … Identity theft, hacking, viruses, and cheating. … Affects focus and patience. … Health issues and obesity.More items…

What are the advantages and disadvantages of computer in our daily life?

1)It can store vast amount of information. 2)It saves our time….Spending too much time on computer can harm our wealth.Potential of loss of privacy.You could become anti-social or depressed.The improper use of computer can results in injuries of hands ,eyes ,necks and back.

What is the advantage of computer in banking?

One of the biggest advantages of online banking technology is that it allows you to handle transactions and monitor your bank statements anytime, anywhere and anyplace. You can access your account on your computer or smart phone 24/7 – when it’s most convenient for your schedule.

What are the 5 advantages and disadvantages of computer?

5 advantages of computer and 5 disadvantage of computerwe can send e – mail faster across the universe which maintail a good relationship.online toutoring.helpful games give mind relaxation.we can know everything which is happening in the world.it helps to improve our knowledge.it is not good for eye site.it spoil kids by taking out them from studies.More items…•