Welcome to our guide on “ISI” (Indian Statistical Institute), a renowned institution renowned for its pioneering work in statistical research and education. Established in 1931 by the visionary statistician Prasanta Chandra Mahalanobis, ISI has been a beacon of excellence in statistics.
In this blog, we’ll delve into ISI’s history, academic programs, and contributions. From its inception in Kolkata to its present-day status as a leading institution, ISI has played a crucial role in shaping the landscape of statistical sciences in India and beyond.
ISI offers a wide range of academic programs, including undergraduate, postgraduate, and doctoral degrees and specialized courses and workshops. Whether you’re interested in theoretical statistics, applied mathematics, computer science, or economics, ISI provides a platform for learning and research.
Moreover, ISI has significantly contributed to various interdisciplinary fields, including computer science, economics, and social sciences. Its alumni and faculty members have made groundbreaking discoveries and advancements, further solidifying ISI’s reputation as a hub of intellectual excellence.
Through this blog, we aim to provide readers with valuable insights into the world of ISI and its impact on statistical science and beyond. Whether you’re a student considering a career in statistics or a researcher seeking collaboration opportunities, we invite you to join us on this journey of exploration and discovery. Welcome to the world of the Indian Statistical Institute!
So, let’s move on to the quiz questions with answers.
Q1. True or False? Where external compliance refers to an organization's ability to follow its own rules, internal compliance refers to the need and desire for an organization to follow rules and guidelines set forth by outside organizations
and authorities.Select one:
a. True
b. FalseQ2. True or False? Penetration tests simulate the process a real adversary may take while avoiding any business disruptions or
outages.Select one:
a. True
b. FalseQ3. True or False? Compliance audits must include a detailed assessment of the various governance forums that ensure policies are in place and appropriately implemented.
Select one:
a. True
b. FalseQ4. True or False? Risk management requires that every risk be mitigated.
Select one:
a. True
b. FalseQ5. Which of the following is not true of information security and information systems?
Select one:
a. An IT security assessment is a key activity that involves the management of risk.
b. Loss is an uncertainty that might lead to a risk.
c. A risk-based approach to security includes identifying and categorizing information and information systems.
d. Monitoring security controls is a continual cycle as organizations evolve.Q6. True or False? Compliance frameworks such as Control Objectives for Information and Related Technology (COBIT), and standards put forth by the National Institute of Standards and Technology (NIST), help organizations interpret how to comply with regulations.
Select one:
a. True
b. FalseQ7. _ by itself does not reduce __; it must be implemented and maintained.
Select one:
a. Accountability; attack vectors
b. Risk; compliance gaps
c. A policy; risk
d. A risk; accountabilityQ8. A policy requiring enhanced security measures is not effective unless it is fully implemented. During a compliance audit, which of the following is least likely to ensure that policies are enforced?
Select one:
a. Documentation of the compliance governance structure and ensuring that it is understood
b. Incentive structures that create a conflict of interest
c. Measurement and timely reporting on policy outcomes
d. Clear accountabilityQ9. An IT security assessment is a key activity that involves the management of:
Select one:
a. compliance with federal regulations.
b. risk.
c. IT governance.
d. controls.Q10. What refers to the need or desire for an organization to follow rules and guidelines set forth by external organizations and initiatives?
Select one:
a. Internal compliance
b. Compliance with an organization's control objectives
c. Compliance with an organization's security policy
d. External complianceQ11. True or False? Regulators may never perform their own audits of an organization to ensure compliance with applicable laws.
Select one:
a. True
b. FalseQ12. True or False? Assurances are actions or changes to be applied to systems to reduce weaknesses or potential losses.
Select one:
a. True
b. FalseQ13. An organization's ability to follow its own rules, which are typically based on defined policies, is called:
Select one:
a. regulatory compliance.
b. internal compliance.
c. meeting contractual obligations.
d. external compliance.Q14. What is the act or process of doing what you have been asked or ordered to do?
a. Compliance
b. Accountability
c. Auditing
d. AssuranceQ15. What ensures that only authorized users can modify data?
a. Confidentiality
b. Integrity
c. Availability
d. AccountabilityQ16. True or False? Information systems typically refer to the IT infrastructure components (hardware and software) that collect, store, and process data.
Select one:
a. True
b. FalseQ17. Which of the following is not true of compliance, risk, and governance?
Select one:
a. Compliance is closely related to risk management and governance at the technical, procedural, and strategic levels.
b. Assurance seeks to mitigate risk through controls.
c. Compliance helps risk management by verifying that the desired controls are in place.
d. Governance seeks to better run an organization using complete and accurate information and management processes or controls.Q18. True or False? In terms of compliance, regulations do not provide specifics and are open for interpretation.
Select one:
a. True
b. FalseQ19. Which of the following is a general step to meeting regulatory compliance?
Select one:
a. Interpret the regulation and how it applies to the federal government.
b. Identify accountability at the governance, department, and executive levels of the regulatory body.
c. Identify any gaps in controls or determine where the organization stands with the compliance mandate.
d. Ensure management devises a plan to maintain any gaps in controls.Q20. True or False? The Payment Card Industry Data Security Standard (PCI DSS) is an industry-created standard that applies to
organizations that process payment cards.Select one:
a. True
b. False
Answers: ISI Quiz Questions
- b
- b
- b
- b
- b
- a
- d
- b
- b
- d
- b
- b
- b
- a
- b
- b
- d
- b
- c
- a