Showing posts with label What. Show all posts
Showing posts with label What. Show all posts

Sunday, 30 June 2013

What is a computer network - peak concepts

A computer network consists of two or more computers that are linked in order to share resources such as printers and CD-ROMs, exchange files, or allow electronic communications. The computers on a computer network may be linked through cables, telephone lines, radio waves, satellites, or infrared light beams.

Computer network can be classified on the basis of following features :

By Scale:Computer networks may be classified according to the scale :

    Local Area Network (LAN)
    Metropolitan Area Network (MAN)
    Wide Area Network (WAN)


By Connection Method: Computer networks can also be classified according to the hardware technology that is used to connect the individual devices in the network such as Optical fibre, Ethernet, Wireless LAN.
 
By Functional Relationship (Network Architectures) : Computer networks may be classified according to the functional relationships which exist between the elements of the network. This classification also called computer architecture. There are two type of network architecture :
  • Client-Server
  • Peer-to-Peer Architecture

Saturday, 29 June 2013

What is a Bank ? Introduction, Definition and Features of Bank

Fiance is the life blood of trade, commerce and industry. Now-a-days, banking sector acts as the backbone of modern business. Development of any country mainly depends upon the banking system.

The term bank is either derived from old Italian word banca or from a French word banque both mean a Bench or money exchange table. In olden days, European money lenders or money changers used to display (show) coins of different countries in big heaps (quantity) on benches or tables for the purpose of lending or exchanging.

Image Credits © Tardiskey

Characteristics / Features of a Bank 

Dealing in Money

Individual / Firm / Company

Acceptance of Deposit

Giving Advances

Payment and Withdrawal

Agency and Utility Services

Profit and Service Orientation

Ever increasing Functions

Connecting Link

Banking Business