The standard punched card was invented by Herman Hollerith.

Note:- First used for vital statistics tabulation by the New York City Board of Health and several states.

EFT is the electronic exchange, transfer of money from one account to another , either within a single financial institution or across multiple institutions through computer based systems.

B2B is characterized by low volume and high value transactions. The relative success of B2B is primarily due to tangibility of benefits B2B includes high value business critical transactions as compared to low value,high volume transactions in B2C.

Intel Corporation  is an American multinational technology company headquartered in Santa Clara, California. Intel is one of the world's largest and highest valued semiconductor chip makers, based on revenue. It is the inventor of the x86 series of microprocessors, the processors found in most personal computers.
Intel Corporation was founded on July 18, 1968. Intel also makes motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors and other devices related to communications and computing.

MICR codes on cheques allows the cheque information to be automatically read by MICR readers. That's why banks are able to process large no. of cheques every day.

PROLOG is a general purpose logic programming language associated with artificial intelligence and computational linguistics.

Note:- Artificial intelligence (AI) is the intelligence exhibited by machines or software. It is also the name of the academic field of study which studies how to create computers and computer software that are capable of intelligent behavior.

PARAM is a series of supercomputers designed and assembled by the Centre for Development of Advanced Computing (C-DAC) in Pune, India. The PARAM 8000, which was installed in 1991. It is considered India's first supercomputer.

Bjarne Stroustrup is a Danish computer scientist, most notable for the creation and development of the widely used C⁺⁺ programming language.

A proportional-integral-derivative (PID) is a genetic control loop feedback mechanism widely used in industrial control systems – a PID is the most commonly used feedback controller. 

Note: A PID controller calculates an “error” value as the difference between, a desired set point. The controller attempts to minimize the error by adjusting the process control inputs.

IBM 1401 is the first computer in Nepal.