In banking parlance, the full form of ADF is__

Options

A. Actual Data Flow
B. All Day Finance
C. Automated Digital Flow
D. Automated Data Flow

Answer

D

Explanation

The objective of Automated Data Flow (ADF) is to ensure that the Bank achieves complete automation by eliminating manual intervention and ensuring uniformity and reliability of information while submitting its returns to RBI with the help of a Centralized Data Repository (CDR).