Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q11: What functionality is provided by the CyM-CC portal to assist with a bank's Business Continuity Plan (BCP), if a currency chest cannot report due to connectivity issues?

A
The portal automatically submits the previous day's data.
B
The Back Office Administrator can map the user-id of another CC to the affected CC.
C
The system grants a 24-hour extension for reporting.
D
The bank must send a consolidated e-mail to the RBI Issue Office.
✅ Correct Answer: B
The CyM-CC portal allows for switching users.
If a CC has connectivity issues, the Back Office (BO) Administrator can map another user's-id to that CC to make transactions and avoid delayed Currency Chest Reporting.