Distinguish between ‘database’ and ‘databank’.June/July 2020
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A database is a collection of data that is organized in a structured way and is designed for efficient retrieval and management. A database typically consists of multiple tables, each of which stores a specific type of data, and is often used to store large amounts of data that need to be accessed and updated regularly.
A databank, on the other hand, is a large repository of data that is used for research or reference purposes. A databank may contain a wide variety of data, including scientific data, financial data, historical records, and more. Unlike a database, a databank is not typically used for active data management or real-time updates, but rather for storing and accessing large amounts of data for research or reference purposes.