RBI has slashed the interest rate from 8% to 7% on all the loans that bank offer . what kind of maintanance has to be carried out on the banking applications to accommodate this change
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Explanation:
The situation given in question refers to online maintenance, that is when a change is made in the system without shutting down the operations. This change is simply done online by changing a variable of interest rate in the application and then consequent changes will occur. Normally such online maintenance activities don't effect the operations hence they are a bit easier to perform as the customers don't feel any issue in the front end
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The maintenance required is adaptive maintenance.
- Adaptive maintenance is the process of making improvements to a part of a system that has been impacted by a change in another part of the system.
- It refers to software that adapts to changes in the environment, such as work patterns, exchange rates, and government policies
- Since, the interest rate is changed from 8% to 7%, it will affect the entire data of every user. Thus, the application needs to make improvements to handle the rate drop change.
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