Major project
presentation
B y :R a vish a n ke r K u m a r R o sh a n ku m a r S h ra w a n ku m a r G o vin d je e
Banking system
On C++
Contents:ØIntroduction to banking system. ØIntroduction to the application used. ØUses of banking system. ØWorking and benefits of banking system.
INTRODUCTION TO BANKING SYSTEM : “banking system” means the either
or both of the following: a)Receiving from the general public money on current, deposit , savings or other similar account repayable on demand or within less than[ 3 months…..]or with a period of call or notice of less than that period. b)Paying or collecting cheques drawn by or paid in by customers.
Introduction to the application used: C++(“c Plus Plus", pronounced) is a
general purpose programming language . it was developed by Bjarne Stroustrup in
1979 at bell lab as an enhancement to the c programming language and originally named ”c with classes ”. It was renamed to C++ in 1983. C++ is widely used in the software industry. some of its application domains include system software, device driver, embedded software ,high-performance server and client application , and entertainment software such video games. C++ introduces object oriented(OO) features to c. it offers classes, which provide the four features commonly present in OO(and some
Use of banking system: Bank’s activities can be divided in to Retail
banking- dealing directly with individual and small businesses. Business bankingproviding service to mid market businesses. Corporate banking-directed at large business entities. Private banking-providing wealth management services high net worth net individuals and families. Investment banking relating to activities on the financial market. Most banks are profit-making, private enterprises. Central banks are normally govt. owned banks, often charged with quasi regularity responsibility. eg: supervising commercial banks or controlling cash
Working and benefits of banking system; Bank statement are accounting records produced
by banks under the various accounting standards of the world. There are two kind of account debit and credit. Credit accounts are revenue, equity and liability. debit account are assets and expenses. This means we credit credit account to increase there balances and we debit debit account ot increase there balance. If we read our bank statement, it will say the opposite-that we have credited our account when we deposit money, and we debit when we withdraw it. If we have cash in our account we have a positive or credit balance and if we are overdrawn it will say we have a negative or a deficit balance.
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