{"id":17316,"date":"2024-07-18T06:05:22","date_gmt":"2024-07-18T06:05:22","guid":{"rendered":"https:\/\/trainingcentral.co.in\/portal\/?p=17316"},"modified":"2025-09-17T10:25:50","modified_gmt":"2025-09-17T04:55:50","slug":"scope-of-work-test-banks-creation","status":"publish","type":"post","link":"https:\/\/trainingcentral.co.in\/portal\/scope-of-work-test-banks-creation\/","title":{"rendered":"Scope of Work – Test Banks Creation"},"content":{"rendered":"\t\t
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Project<\/td>TC QuizTime<\/td><\/tr>
Start Date<\/td>July 17, 2024<\/td><\/tr>
End Date<\/td>No End Date<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

About TrainingCentral<\/strong><\/p>\n\n\n\n

TrainingCentral Solutions (TC) is a specialist in Compliance and Finance training. Banks and Finance companies use TC\u2019s extensive catalogues of India-specific courses to train their employees cost-effectively. TC\u2019s flagship solution – Content Ready Learning Portal (CRLP) is a SAAS model which rolls out a learning portal complete with courseware within a fraction of an in-house deployment timeline and cost. CRLP offers industry-specific features like QuizTime, The Knowledge DEN, Gamified offerings, Proctoring and SkillingCentral which is unique to it. TC has delivered to 90+ clients over 15+ years of service.<\/p>\n\n\n\n

TC resells iSpring Solutions products in India. iSpring Solutions offers the latest technology in online learning through its award-winning Authoring Tool \u2013 iSpring Suite \u2013 and its very popular Learning Management System \u2013 iSpring Learn. iSpring is present in 172 countries and has serviced 59000 clients over its 23 years in the market.<\/p>\n\n\n\n

Scope<\/strong><\/p>\n\n\n\n

Project TC Quiztime is for creation of Question Banks solely based on Regulator (RBI, SEBI, GoI, IRDA and others) Circulars. Regulators publish updates to circulars in various areas of their respective areas of supervision which banks, NBFCs, Fintech companies, HFCs, corporates, listed companies, and others follow.<\/p>\n\n\n\n

One question bank is to be created for each topic of regulatory circulars that is published e.g. RBI \u2013 Maintenance of Deposit Accounts, Management of Advances, Housing Finance, Housing Finance for UCBs, and so on. TC Will publish and share the circulars that are required (refer Annexure below). We will require the domain expert to refer to the latest circulars for this exercise.<\/p>\n\n\n\n

Scope of assignment for Domain Expert will be either or all of the tasks below.<\/p>\n\n\n\n

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  1. Creation of Question Banks<\/li>\n\n\n\n
  2. Maintenance of Question Banks.<\/li>\n\n\n\n
  3. Review of Question Banks created by another Domain Expert<\/li>\n\n\n\n
  4. Enriching existing Question Banks.<\/li>\n<\/ol>\n\n\n\n

    Deliverable<\/strong><\/p>\n\n\n\n

    For each Topic, we require the following –<\/p>\n\n\n\n

      \n
    1. A Summary Note not exceeding 1500 words with explanations to the latest master circular or master direction in the topic. The document should be mapped to the master circular\u2019s index and should explain each section in simple words. Should there be important references e.g. classification of MSME segment, the same should also be shared in the Summary Note<\/li>\n<\/ol>\n\n\n\n
        \n
      • Question Set \u2013 No. of questions to be created depends upon the size of the Master Circular\/Directions. Separate no. of questions are expected based on if the circular is more than or less than 30 pages.<\/li>\n<\/ul>\n\n\n\n
        \"\"<\/figure>\n\n\n\n

        Question Sets will be created as per the instructions provided below.<\/p>\n\n\n\n

        Instructions for Question Bank Creation<\/strong><\/p>\n\n\n\n

          \n
        1. Summary Note should be provided in MS-Word format.<\/li>\n\n\n\n
        2. Objective Questions should be in in Multiple Choice Question (MCQ) format. Some questions may also be provided in Fill In the Blanks, Match the following and any other format which may be possible using learning software TC deploys.<\/li>\n\n\n\n
        3. For MCQs, for each question, necessarily provide \u2013
          • The Question lucidly explained.<\/li><\/ul>
            • 4 (or more) options with one or more correct answers clearly indicated. There may be 1 correct answer (100%), 2 equally correct answers (50% each), 3 or 4 correct answers (with appropriate %ages.<\/li><\/ul>
              • Feedback for all correct and incorrect answers. (specialised feedback even for the incorrect options is expected).<\/li><\/ul>\n
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                • Master Circular\/Master Direction\/Chapter\/Document reference from which it is taken.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                • Other type of questions should accordingly contain good answer options.<\/li>\n\n\n\n
                • Each question should be across 3 categories \u2013 Complex, Moderate and Simple\n
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                  • Complex<\/strong> \u2013 targeted towards the expert and back-office person of the function. This should challenge his\/her knowledge through case scenario, quantitative working or decision making. These could be for 5 marks<\/li>\n\n\n\n
                  • Moderate<\/strong> \u2013 should aim to exercise\/challenge the front desk\/junior person\u2019s knowledge of the subject. Should contain slightly simpler quantitative working, or a business scenario or role implication. These could be for 3 marks<\/li>\n\n\n\n
                  • Simple<\/strong> \u2013 Should be good for testing the front desk\/junior persons knowledge of concepts, product specifications or process\/policy recognition. These could be for 1 mark.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                  • Please do not include options like \u2018none of the above\u2019, \u2018all of the above\u2019 etc. in such questions. Give distinct options which will exercise the user\u2019s intelligence.<\/li>\n\n\n\n
                  • The questions should be created anew by you and should not be plagiarised\/ copied from any source. If a reference is taken from any publication or internet source (e.g. banker training textbooks, CAIIB text books, etc.), please mention the source so that the same can be given credit to. Questions should be created through the domain expert’s experience and proprietary material. The domain expert indemnifies TrainingCentral Solutions Private Limited from any liability arising from any issues raised by any authority in this regard.<\/li>\n\n\n\n
                  • The project assignment will be to you only. Sub-contracting of the work is not permitted. Any sub-contracting will immediately disqualify you and TC will discontinue the project with you.<\/li>\n\n\n\n
                  • Domain Expert will submit a pilot prior to undertaking the assignment in product\/service area of banking and finance opted for.<\/li>\n\n\n\n
                  • TC will share timelines for the question set submission based on the client requirement. We will also discuss the same with the domain expert prior to finalizing the schedule.<\/li>\n<\/ol>\n\n\n\n

                    Documentation from Trainer<\/strong><\/p>\n\n\n\n