Economics · Economy
Core Banking System (CBS) is best described as:
- 1A system that links only the head office and zonal offices of a bank.
- 2A manual ledger-based records management system used by rural branches.
- 3A specialized back-end system used exclusively for treasury operations.
- 4A networked system enabling customers to operate accounts from any branch of the bank.✓
Correct answer
A networked system enabling customers to operate accounts from any branch of the bank.
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