SBI Junior Associates Model Paper 5
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Question : 13 of 200
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As we all have noticed banks these days are giving more emphasis on "Branch less Banking". What does this really means?
(A) Banks will not have many branches as used to be in the good old days. Instead the number of branches will be restricted and will conduct only a specified core business.
(B) Banks will launch/ operate many delivery channels like ATMs, Mobile Banking/ Internet Banking etc. So that people are not required to visit a branch for their usual banking needs.
(C) This means banks will issue only debit or credit for all types of financial transactions. Cheques/ cash payments will not be allowed.
(A) Banks will not have many branches as used to be in the good old days. Instead the number of branches will be restricted and will conduct only a specified core business.
(B) Banks will launch/ operate many delivery channels like ATMs, Mobile Banking/ Internet Banking etc. So that people are not required to visit a branch for their usual banking needs.
(C) This means banks will issue only debit or credit for all types of financial transactions. Cheques/ cash payments will not be allowed.
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