General Studies · History of Banking Technology
What was the first level of technology implementation in Public Sector Banks (PSBs) in India during the 1980s?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Single Server Environment
- 2Total Branch Automation
- 3Standalone Automated Ledger Posting Machines (ALPMs)✓
- 4Core Banking Solutions (CBS)
Correct answer
Standalone Automated Ledger Posting Machines (ALPMs)
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