CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Union Government has asked all banks to provide mobile banking facility to all customers by _________
A
31 March 2017
B
1 January 2018
C
17 August 2017
D
18 April 2018
Explanation: 

Detailed explanation-1: -In 2011, the Scottish bank launched the free world’s first fully functional banking app, which was available for iPhones, Android and Blackberry. People were delighted. More than one million users were attracted to the service for the first six months, and they transferred more than £1 billion through the app.

Detailed explanation-2: -The Importance of Mobile Banking Mobile banking allows consumers to be able to access banking services from anywhere. Businesses and business owners are now able to save time by making use of mobile applications to process their payments or even receive funds from clients directly to their phone numbers.

There is 1 question to complete.