GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bharat
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Kotak India
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Kotak Bharat
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Indian Kotak
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Detailed explanation-1: -Seeking to provide mobile banking services to customers in the remotest of regions, Kotak Mahindra Bank (KMB) today launched a mobile banking app ‘Kotak Bharat’ which requires no internet connectivity.
Detailed explanation-2: -The world’s first mobile banking application The Bank of Scotland is unquestionably a global mobile banking pioneer. In 2007 it announced the world’s first mobile banking app for smartphones. It should also be noted that mobile phone top-ups were available at their ATMs as early as 2004.
Detailed explanation-3: -ICICI Bank was the first bank to introduce internet banking facility in the country in order to enable individuals and corporates to transact online without visiting the branch. It was also the first bank to start mobile banking in the country.