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Question

______________ system allows an accountholder to operate their accounts from any branch.

A
CBS
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B
CTS
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C
NEFT
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D
RTGS
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Solution

The correct option is A CBS
CBS system allows an account holder to operate their accounts from any branch. CBS stands for Core Banking Solution. CBS can be defined as a technology platform which helps the customers to access their account from multiple delivery points, which includes different branches of the same bank, ATMs, internet and mobile banking, etc.

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