04_Revision

Automation of business processes by a central controller

• Process orchestration
• Workflow
• Machine automation
• Robotics

Fintech means

• the synergy between finance and technology
• the synergy between finance and bitcoin
• the synergy between finance and teaching
• the synergy between banking and AI

RegTech stands for

• Regulatory Technology
• Regression Technology
• Regular Technology
• Compliance Technology

RPA can be implemented and integrated with only the latest technologies.

• true
• false

RPA is a user level centric soltuion

• true
• false

RPA is scalable meaning

• You can add downstream process in phased manner
• You can build a small process and then keep adding to it
• RPA can be built only for one department and then other departments can be added
• All of the above

What do you mean by RPA is non invasive?

• RPA does not interfere with other softwares
• RPA works along with other system
• RPA does not make any changes in the existing system.
• All of the above

Which are the building block of Fintech

• AI
• Big Data
• RPA
• Blockchain
• Machine Learning

Which of is not a disadvantages of RPA?

• Need lot of coding
• Can lead to employee attrition
• Gets complicate to manage with multiples bots.
• Magnification of problem

Which of these is not an advantage of the RPA over traditional automation

• Seamless App integration
• Can be run on the cloud resources
• Long term savings
• Need in depth programming knowledge