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What is INR? The full form of INR is the Indian Rupee which is the currency of India. It is the International Organization for Standardization currency code for Indian rupee and its symbol is₹. It got its name rupee from the rupiya which was a silver coin started by Sher Shah Suri. Indian Rupee comes in the form of coins and banknotes. You can find coins of one, 2, 5, and 10 rupees and above that only notes are available. RBI Role in Currency Management RBI is taking care of the Indian currency through the Reserve Bank of India Act ... Read More
What is IFSC? The full form of IFSC is the Indian Financial System Code. The code consists of 11 characters. Which include letters and numbers. The code is used to identify bank branches when money has to be transferred through NEFT and RTGS. Here NEFT stands for National Electronic Funds Transfer and RTGS stands for Real-Time Gross Settlement. RBI also uses the code to identify the electronic transfer of money. How does IFSC Work? IFSC code consists of 11 characters and it is used to transfer money through NEFT and RTGS. The first four characters of IFSC denote the bank ... Read More
What is HDFC? HDFC can be expanded as Housing Development Finance Corporation. HDFC has been providing its services for the last four decades and has an association with the Indian housing sector. Mr. H. T. Parekh is the founder of the organization and has the aim of serving the customer first. The organization has interconnected offices all over India. Products and Services of HDFC HDFC provides many products and services to its customers and some of them are as follows− Loans for purchasing and constructing a house Loans for the purchase of land Loans for home improvement Loans for ... Read More
What is ECS? The motto of digital India is to go cashless and there are many services and apps available which helps users to make cashless payment. One such mode of payment is CS which can be expanded as Electronic Clearing Service. It is a method that is used by big organizations to transfer funds in bulk electronically. ECS is used for transferring those funds that have to be sent periodically. This type of fund transfer includes fees, salaries, interest, pensions, loan installments, dividends, etc. Bills can also be paid and dues can be cleared through this method. It can ... Read More
What is DP? Data processing is a technique in which raw data is converted into useful information that organizations can use to run their business successfully. The team of data scientists is responsible for data processing. Raw data is provided to the data scientists and they follow the data processing life cycle to complete the task. DP Lifecycle DP lifecycle consists of six processes and they are discussed below in detail. Collection Data collection is the first step in the data processing life cycle. There are many sources in an organization from where raw data can be collected. Raw data ... Read More
Both Object level lock and Class level lock are used to achieve synchronization mechanisms in a multi-threaded application. Object Level Lock Every object in Java has a unique lock. If a thread wants to execute a synchronized method on a given object, first it has to get a lock of that object. Once thread got the lock then it is allowed to execute any synchronized method on that object. Once method execution completes automatically thread releases the lock. Acquiring and release lock internally is taken care of by the JVM. Object level lock is a mechanism when we want to synchronize a non-static ... Read More
The definition of Doc Document (DOC) works as the file extension generated by the Microsoft Word processing software. Microsoft started using the abbreviation back in 1983 for its "Word" processing software. In simple words, any document generated by Microsoft's "Word" processing software gets the extension of Doc. The abbreviation is written as the .doc in the last of the file name and works as the extension for the file. You will see the .doc extension very commonly since Microsoft's Word processing software is one of the most widely used tools across the world. History of Doc The history of ... Read More
Introduction Data Processing (DP) refers to technique where the system converts the raw files into usable format for future purpose. The process involves conversion of data into machine-readable form, for running in the CPU and then converted into the readable form on the output device. The use of social media, shopping apps, internet banking and other platforms creates a huge amount of data. To utilise this information the term data processing has come into existence. Meaning of DP DP stands for “Data processing”. Data is raw information which is of no use, this raw data is processed by a ... Read More
Introduction to DMS Full Form Database Migration Service (DMS) is a process of transferring data from one database system to another. It ensures that the movement of data happens smoothly, without affecting the functionality and integrity of the records. Database migration is a complex, but crucial process that requires planning, execution, and testing to ensure a smooth transition of data. To accomplish this task, manual or automated methods can be put to task. However, manual methods are time-consuming and erroneous. So, automated tools are preferred. Features of DMS Full Form A Database migration service(DMS) consists of the following features ... Read More
Introduction Delhi Metro Rail Corporation (DMRC) was established to build Delhi metro stations and lines in order to reduce traffic on the road. It’s the 2nd oldest metro station in India after Kolkata Metro. It is also one of the busiest metro stations in the country. In this article, you’ll learn about DMRC and Delhi metro. Overview of DMRC The Delhi Metro was constructed and is run by Delhi Metro Rail Corporation Limited (DMRC), which is jointly managed by both the Government of India and the Government of Delhi. The Delhi metro consists of 10 colour- coded lines namely- ... Read More