Answer:
OLTP captures transaction and event information using technology to (1) process the information according to defined business rules, (2) store the information, and (3) update existing information to reflect the new.
Explanation: OLTP stands for Online Transaction processing.It focuses on transaction oriented tasks.It involves inserting ,updating or deleting small amount of data in a database.These days most organisations use database management system to support OLTP.
Many everyday acts include OLTP like online banking,online shopping,order entry,sending a text message,call center's staff viewing and updating the details of customers.
Characteristics of OLTP applications
OLTP looks after day to day transactions of an organisation.Main objective of OLTP is processing of data.