Litmus Test 1

19 Questions | Total Attempts: 41

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Company Quizzes & Trivia

Section A: “RECAP” contains 10 questions and is a recap on the training we have covered. Section B: “IDENTITY” contains 5 questions about our organization. The ABC of Polaris, the recent news that we have created, and all the basics that we need to know about Polaris. Section C: “JARGONOLOGY” contains frequently used jargons in the banking and technology business. Timing is just 20 minutes.


Questions and Answers
  • 1. 
    Diamond Award, 2008 was awarded & the project was recognized among "Top 10" Projects in the area of Operational Excellence
    • A. 

      Intellect Wealth management

    • B. 

      Intellect Custody

    • C. 

      Intellect Trade and Finance

  • 2. 
    Intellect Custody is an offering of
    • A. 

      BSC 7

    • B. 

      BSC 4

    • C. 

      Both a and b

  • 3. 
    Which of the following is an advantage of Intellect Wealth Management Solution?
    • A. 

      Operational and Functional Efficiency – STP, Business rules

    • B. 

      Built-in Risk Management

    • C. 

      Both a and b

  • 4. 
    Intellect was rated as a ‘Global Challenger’ among Global Banking Platforms by
    • A. 

      Forrester

    • B. 

      Gartner

    • C. 

      Mc Kinsey

  • 5. 
    The security module in our solution
    • A. 

      Intellect Integrator

    • B. 

      Intellect Armor

    • C. 

      Both a and b

  • 6. 
    Which of the following is /are true  
    • A. 

      Intellect TFP provides a comprehensive and proven Trade Finance processing solution for the bank’s trade services comprising Documentary credits, Documentary Collections, Bank Guarantees, Bankers Acceptance, and Reimbursements to Trade Loans

    • B. 

      Our Customer was awarded the “Best Global Trade Finance Provider ‘06” in the year’s Trade and Forfaiting Magazine Review

    • C. 

      Both a and b

  • 7. 
    Module used for generating Customer Statements and/or Customer Advice
    • A. 

      Intellect Credit

    • B. 

      Intellect Lending

    • C. 

      Intellect Custcomm

  • 8. 
    Intellect RCFE stands for
    • A. 

      Relationship common front end

    • B. 

      Relationship complex

    • C. 

      Random clashes for everyone

  • 9. 
    Our solution which received the "No:1 global service provider award", by  Global Investor, and is based on SMAC 2000 system
    • A. 

      Intellect Core

    • B. 

      Intellect Custody

    • C. 

      Intellect Lending

  • 10. 
    SWIFT  is
    • A. 

      Standard body for Interbank communications

    • B. 

      Name of an international courier which deals only with delivery of financial instruments

    • C. 

      A software technology

  • 11. 
    What is COPARIS ?
    • A. 

      A standard regulatory body for IT solution companies located in Paris

    • B. 

      Solution design framework of Polaris

    • C. 

      Network of IT solution providers . Polaris forms an integral part of this network .

  • 12. 
    What does 100-5-7 stand for
    • A. 

      100-5-7 is our CEO’s lucky number

    • B. 

      100-5-7 is an international code used by IT companies

    • C. 

      100-5-7 is our strategy

  • 13. 
    Our recent acquisition
    • A. 

      SEEC Inc, a US based Product and Component Services Company for Insurance Vertical.

    • B. 

      AeSys ,a group company giving strategic HR management software solutions

    • C. 

      None of the above

  • 14. 
    Our recent launch
    • A. 

      Polaris’ launch of a new version of its portal solution Intellect ‘Unified Portal’ for corporate banking customers.

    • B. 

      PRIL’s launch of Xf -Xchange Framework, a middleware solution to configure retail stores for seamless integration with backend enterprise solutions - both for B2B & B2C environments

    • C. 

      PRIL’s launch of Smart Store for SMEs, a retail software product for small retail businesses, the first packaged retail software for the small retail segment.

  • 15. 
    1.       LC stands for
    • A. 

      Letter of Credit

    • B. 

      List credits

    • C. 

      Line of Credit

  • 16. 
    STP stands for
    • A. 

      Straight through Processing

    • B. 

      Salient trade practices

    • C. 

      Spanning-Tree Protocol

  • 17. 
    TLC stands for
    • A. 

      Trade Life Cycle

    • B. 

      Transfer Letter Of Credit

    • C. 

      Transaction line of credit

  • 18. 
    BRE stands for
    • A. 

      Business research engine

    • B. 

      Best reliable Engine

    • C. 

      Business rule Engine

  • 19. 
     API stands for
    • A. 

      Active pharmaceutical Ingredients

    • B. 

      Application programming Interface

    • C. 

      Ansal properties and Infrastructure