Page 274 - DCAP404 _Object Oriented Programming

Unit 12: Console I/O

Self Assessment Notes

Fill in the blanks:
13. ………………………… manipulator function changes or sets the format flag f. Setting
remain in effect until next change.

14. …………………………….. manipulators clears only the flags specified by f. Setting remains
in effect until next change.
15. Manipulators with no arguments are known as ……………………….. manipulators.



Caselet Finance with the ‘e’ edge
ank failures, non-performing loans and unattractive deposit rates are all enough to
demotivate when one thinks of our financial system. But V.C. Joshi happily logs in
Bto the future with his book e-Finance, published by Response Books
(www.indiasage.com) . There he talks about the potential that banks and financial
institutions have "to improve the quality and scope of the financial services and products
that they offer."
Joshi describes the ‘online value chain’ where customers access through various devices
and banking services are delivered through a network. He points out that banks often host
Web sites but find them not to be of much use. "A financial institution must make its
presence felt," says the author.
A chapter is devoted to e-finance products and services such as Cyber Gold, E-charge, Ipin
and Millicent. That e-finance lowers costs and increases availability is something for the
CFO to factor in when considering investments in IT. Joshi points out that not much
attention has been bestowed upon the development of Internet platforms to trade and
pledge electronic warehouse receipts; "this may reduce the need for government to purchase
commodities for stock piling."

The book anticipates that more investors would make use of e-trading, though
"unfortunately online trading coincided with the market meltdown." The e-thing has the
potential to make markets more transparent, Joshi would add. "It is not restricted to
information about price alone, but the user has the full log of the transaction behaviour."

HDFC Bank is a model that can be emulated, says the book, because the bank's policies are
not only technically superior but also highly profitable. "Its treasury, corporate and even
retail activities are mostly automated with a strong focus on online connectivity and e-
commerce."
The book discusses topics such as risk, crime, law, security and so on. You need to engage
in not just system development but survivable system development. To survive in e-
finance, it would be advisable to log in to Joshi first.

Byte is not Dracula's favourite pastimemisspelled
AFTER C comes D. Wrong, it's C++. Mystified? Clear up the cloud with Jeff Kent's C++
Demystified, a self-teaching guide from Tata McGraw-Hill (www.tatamcgrawhill.com) .
"C++ was my first programming language," writes Kent in his intro. He's learned many

Contd...

LOVELY PROFESSIONAL UNIVERSITY 267