Computer Science · Core Banking Solutions
Consider the following statements regarding Core Banking Solutions (CBS) architecture in Indian banks: Statement I: The Web Server layer in a 3-tier CBS architecture is responsible for hosting the business logic and performing complex database queries. Statement II: In a centralized CBS environment, the 'End of Day' (EOD) process is performed centrally at the Data Center, ensuring ledger consistency. Statement III: Virtual Private Network (VPN) over MPLS is the preferred communication channel for connecting branches to the Data Center due to high security and prioritized bandwidth. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, II and III
- 2Only II and III✓
- 3Only I and II
- 4Only I
Correct answer
Only II and III
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