Correct option is B
The correct answer is (B) business purposes.
Explanation:
• COBOL (Common Business-Oriented Language) was specifically designed for business, finance, and administrative systems.
• It is widely used in legacy systems that handle large-scale transactions and manage databases in industries such as banking, insurance, and government.
• COBOL is well-suited for processing large volumes of data and performing calculations related to business transactions.
Information Booster:
• COBOL was developed in the 1950s and remains one of the most important languages for business applications.
• Despite being seen as outdated by some, COBOL continues to be used for many mission-critical systems in the financial and public sectors.
• The language is known for its readability, which allows business professionals and developers to collaborate effectively.
Additional Knowledge:
- COBOL:
- Developed in 1959 by Grace Hopper and others.
- Mainly used in mainframe computers for business, finance, and administrative systems.