ECONOMICS (CBSE/UGC NET)

ECONOMICS

PROPERTY RIGHTS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

What percentage of respondents in the survey said that biometrics are the future of identity verifications?

A	58%
B	24%
C	76%
D	33%

Explanation:

Detailed explanation-1: -The future of biometrics is the future of security technology. Biometric authentication methods such as facial recognition and fingerprint recognition are becoming increasingly popular tools to secure digital transactions while providing customers with a frictionless user experience.

Detailed explanation-2: -The future of biometrics will be adding facial, voice, or other types of biometric authentication to security for accessing sensitive data at work, applying for a bank loan, or using money management systems.

Detailed explanation-3: -With definitive advantages to both users and issuers, biometric payment cards have the potential for exponential growth well-beyond 2022. With the rise of data privacy concerns, biometric smart cards can securely store fingerprint data in the card’s chip without transferring data to bank servers.

There is 1 question to complete.