{"id":453,"date":"2025-07-08T03:55:58","date_gmt":"2025-07-08T03:55:58","guid":{"rendered":"https:\/\/postaladda.com\/mcq\/?p=453"},"modified":"2025-07-08T03:55:59","modified_gmt":"2025-07-08T03:55:59","slug":"core-banking-service-mcqs","status":"publish","type":"post","link":"https:\/\/postaladda.com\/mcq\/core-banking-service-mcqs\/","title":{"rendered":"Core Banking Service MCQs (CBS)"},"content":{"rendered":"\n<p>Core Banking Service MCQs (CBS)- &#8220;Practice high-quality MCQs for the Inspector of Post Office (IPO) Exam covering key postal rules, procedures, and current schemes. Ideal for quick revision and accurate self-assessment based on the latest syllabus.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1.<strong>What is the primary purpose of Core Banking Services (CBS) in India Post?<\/strong><\/h2>\n\n\n\n<p>A. Courier service optimization<br>B. Employee management<br>C. Centralized customer account management <br>D. Network planning<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:  Centralized customer account management<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">2.<strong>A CBS office refers to:<\/strong><\/h2>\n\n\n\n<p>A. Branch Office without RICT<br>B. A Departmental PO on Finacle <br>C. Any office with broadband<br>D. GDS branch<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:  A Departmental PO on Finacle<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">3.<strong>The platform used by India Post to operate CBS functionalities is:<\/strong><\/h2>\n\n\n\n<p>A. CSI<br>B. SAP<br>C. Finacle <br>D. RICT<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:  Finacle<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">4.<strong>The purpose of a Customer Information File (CIF) is to:<\/strong><\/h2>\n\n\n\n<p>A. Store SMS preferences<br>B. Link a customer to a PO<br>C. Store and link multiple accounts of a customer <br>D. Hold only demographic details<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:  Store and link multiple accounts of a customer<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">5.<strong>The 8-digit code that uniquely identifies each CBS Post Office in Finacle is called:<\/strong><\/h2>\n\n\n\n<p>A. CIF<br>B. Office Code<br>C. SOL ID <br>D. Finacle ID<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:  SOL ID<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">6.<strong>What does the RICT device enable at Branch Offices?<\/strong><\/h2>\n\n\n\n<p>A. Courier tracking<br>B. Offline postal booking<br>C. CBS transactions and syncing with central server <br>D. Printing of bulk mail<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is: CBS transactions and syncing with central server<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">7.<strong>What is the role of a BO user?<\/strong><\/h2>\n\n\n\n<p>A. Upload KYC in Finacle<br>B. Manage PLI transactions<br>C. Operate CBS via RICT device at BOs <br>D. Approve RD loans<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is: Operate CBS via RICT device at BOs<\/div>\n\n\n\n<ol class=\"wp-block-list\"><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">8.<strong>Which document is preferably used for KYC in all account openings?<\/strong><\/h2>\n\n\n\n<p>A. Driving License<br>B. Aadhaar <br>C. Passport<br>D. Ration Card<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is: Aadhaar<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">9.<strong>PAN becomes mandatory for which of the following?<\/strong><\/h2>\n\n\n\n<p>A. All withdrawals<br>B. Cash deposits above \u20b925,000<br>C. Cash deposits above \u20b950,000 <br>D. Only online transfers<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is: Cash deposits above \u20b950,000<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">10.<strong>How often must Re-KYC be completed according to CBS guidelines?<\/strong><\/h2>\n\n\n\n<p>A. Every 2 years<br>B. Every 5 years <br>C. Every 10 years<br>D. Once at account opening only<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:  Every 5 years<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Core Banking Service MCQs (CBS)- &#8220;Practice high-quality MCQs for the Inspector of Post Office (IPO) Exam covering key postal rules, [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[18,1,4],"tags":[],"class_list":["post-453","post","type-post","status-publish","format-standard","hentry","category-ipo-paper-01","category-blog","category-ipo-mcqs"],"_links":{"self":[{"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/posts\/453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/comments?post=453"}],"version-history":[{"count":1,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/posts\/453\/revisions"}],"predecessor-version":[{"id":454,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/posts\/453\/revisions\/454"}],"wp:attachment":[{"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/media?parent=453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/categories?post=453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/tags?post=453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}