BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As part of the Financial Inclusion the following acts as an alternative to the Branch Banking.
A
Online Banking
B
Mobile banking
C
Issuing of ATM Cards
D
Kiosks
Explanation: 

Detailed explanation-1: -Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way.

Detailed explanation-2: -Individuals or businesses with the wayin to useful and affordable financial products and services that meet their needs-transactions, payments, savings, credit, and insurance-are said to be financially included.

Detailed explanation-3: -The essence of financial inclusion is to ensure delivery of financial services which include-bank accounts for savings and transactional purposes, low cost credit for productive, personal and other purposes, financial advisory services, insurance facilities (life and non-life) etc.

There is 1 question to complete.