"Computer is essential part of modern banking System". Explain.
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Computer is an essential part of the modern banking system. Every activity of a bank is now online. The customer's data and transactions are recorded by computers. Recurring deposits, fixed deposits, money transfer from one account to another, online transactions are done using Internet.
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Answer:
Computer is an essential part of the modern banking system. Every activity of a bank is now online. The customer's data and transactions are recorded by computers. Recurring deposits, fixed deposits, money transfer from one account to another, online transactions are done using Internet.
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