Operational Aspects of CBS Environment
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Principles and Practices of Banking — JAIIB.
One-liners from this chapter
Free sample — 8 of 66 rapid-fire Q&A cards.
What does CBS stand for in the context of modern banking technology?
CBS stands for Core Banking System, a platform that integrates branch operations with centralised data to enable seamless banking services.
Which two technology streams converge to form a Core Banking Solutions (CBS) platform?
Communication Technology and Information Technology
Which two technologies converge to form a CBS platform?
A CBS platform is the convergence of core banking operations and centralised data management technology, linking all branches to a single central database.
What is the specific CBS control called when one person inputs a transaction and a different person authorises it?
Four-Eye Principle / Maker-Checker
How does CBS differ from the traditional branch-based banking model?
In traditional banking, accounts were maintained branch-wise; CBS shifts the account to a central server, allowing customers to transact from any branch regardless of where the account was opened.
In CBS, can Begin of Day (BOD) be started if the previous day's End of Day (EOD) was not completed?
No; BOD depends on EOD of the previous working day being fully completed
What is the primary operational benefit of a centralised database in CBS?
A centralised database means all branches access the same real-time data, eliminating end-of-day batch reconciliation between branches and enabling anytime-anywhere banking.
How many types of transactions are recognised in the CBS environment?
Three — Cash, Clearing and Transfer
MCQ practice tests
Chapter-wise mock tests with instant scoring.
More chapters in Module C - Banking Technology
Master the full PPB syllabus
Every chapter of Principles and Practices of Banking — videos, tests, notes and one-liner decks in one place.