New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which of the following can be defined as a solution that

    enables banks to offer a multitude of customer-centric services on a 24x7 basis?
    A Open Market Services Correct Answer Incorrect Answer
    B Extended Market Services Correct Answer Incorrect Answer
    C Core Banking Solutions Correct Answer Incorrect Answer
    D Retail Banking Solution Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Core Banking Solutions (CBS) can be defined as a solution that enables banks to offer a multitude of customer-centric services on a 24x7 basis from a single location, supporting retail as well as corporate banking activities.

    Practice Next

    Relevant for Exams: