Question
Which of the following statements best
describes/describe ‘Core Banking Solutions’? 1. It is the networking of a bank’s branches which enable customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts. 2. It is an effort to increase RBI’s control over commercial banks through computerization. 3. It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank. Select the correct answer using the code given below:Solution
‘Core Banking Solutions (CBS)’ is the process of networking bank branches via computer networks due to which the customers can operate their accounts in any branch of the bank. The data and transaction systems across branches are linked to one another to create a central system.
Which of the following river is a tributary of Cauvery?
The famous ‘Lingaraj Temple’ is built by which of the following dynasties?
What is the target for renewable energy capacity in India by 2030?
Tapali and Navrani are the folk dances of which Indian State?
What is the focus of the ‘Sampoornata Abhiyan’ launched by NITI Aayog?
Which is the second state in the Northeast India to be declared as Open Defecation Free state?
Which of the given statements best describes the difference between the Repo Rate and the Marginal Standing Facility?
Which metal did humans utilize first?
When was the Integrated Tribal Development Programme (ITDP) launched by NABARD?
Which date marks the annual celebration of Internaut Day?