Question
Which data collection method is best suited for
obtaining real-time data from a third-party application?Solution
APIs (Application Programming Interfaces) are the most efficient method for collecting real-time data from third-party applications. They enable applications to interact and share data seamlessly through defined endpoints. For example, financial institutions use APIs to retrieve live stock market prices or transaction data in real-time. APIs are highly scalable, flexible, and can integrate with automated systems to minimize manual effort. Furthermore, APIs often include robust security measures such as authentication tokens and encryption, ensuring secure and reliable data transfer. The ability to fetch data dynamically and integrate it directly into analytical systems makes APIs indispensable in modern data collection practices. Why Other Options Are Incorrect: • A: Surveys collect data from individuals or groups and are time-consuming, not suitable for real-time needs. • B: Web scraping is useful for extracting data from websites but lacks real-time integration and may violate terms of service. • D: Databases store data but do not inherently provide mechanisms for real-time collection from external applications. • E: Manual entry is labor-intensive, prone to errors, and unsuitable for real-time data acquisition.
After receiving permission from the Reserve Bank of India, what percentage stake will LIC hold in HDFC Bank?
“EX VINBAX 2022” military exercise takes place between?
In Natya Shastra, Bharat Muni has clubbed musical instruments into how many groups?
The deficiency of which vitamin causes anaemia?
Which of the following is not among the list of special category states under the National Electricity Fund Scheme?
Where is the Central Food Technological Research Institute (CFTRI) situated?
...As of October 2020, who is the Chief Election Commissioner of India?
Which among the following schedules of the Indian Constitution contains provisions for the allocation of seats in the Council of States?
The group of Monuments at Hampi is located at which state?
The Reserve Bank of India was nationalised on ________.