Detailed explanation and options for the selected question.
Which of the following best defines "Core Banking"?
A.
Banking in rural areas
B.
Banking operations centralized at one location
C.
Interconnection of branches for banking services
D.
Internet-based banking
Explanation:
Core Banking refers to the centralized system that interconnects bank branches, enabling customers to access services from any branch. It is not limited to rural or internet-based banking.