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What is the full form of "CBS"?

A. Central Banking Sector

B. Credit Basis on Service

C. Coversion of Banking Solicitate

D. Consolidated Banking Statistics

Answer: Option D

Solution(By Examveda Team)

The consolidated banking statistics (CBS) measure international banking activity from a nationality perspective, focusing on the country where the banking group's parent is headquartered. While residence-based data such as the locational banking statistics indicate where positions are booked, they do not always identify where underlying decisions are made. This is because banking offices in one country may operate within a business model decided by the group's controlling parent, which may be headquartered in another country. The CBS capture the worldwide claims of banking groups based in reporting countries and exclude intragroup positions, similar to the consolidation approach followed by banking supervisors.

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