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Banking Term: CBS

Feb 12, 2015 14:02 IST

    Banking Term: CBS

    • CBS stands for Core Banking Solutions.
    • Core or centralized banking solution is a heart of banking system
    • This is a process by which a bank has interconnect their maximum branches through wide area network and only this system provide a facility of any branch or any time banking.

    Question: CBS stands for

    1. Core Banking System
    2. Core Bank Solutions
    3. Core Banking Solutions
    4. Core Banking System
    5. None of these

    Ans. 3

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