All Courses
Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity Get the App Login Join for Free
Sign in Open App
Banking Exams Exam  >  Banking Exams Questions  >  Among the below given, due to computerisation... Start Learning for Free
SaveJoin the Discussion on the App
Among the below given, due to computerisation, bank can improve which of the following?
  • a)
    customer service
  • b)
    housekeeping
  • c)
    decision-making
  • d)
    All of the above
Correct answer is option 'D'. Can you explain this answer?
FREE This question is part of
Download PDF Attempt Test
Download PDF Attempt this Test
Most Upvoted Answer
Among the below given, due to computerisation, bank can improve which ...
Need for Computerisation
The four major objectives of computerisation in banking are to improve:
(a) customer service
(b) housekeeping
(c) decision-making
(d) productivity and profitability.
The main objectives of computerisation at the branch level should be to improve customer service, quality of housekeeping and generation of data for better management control. At the regional and head office levels, the purpose of computerisation should be to store, analyse and retrieve data received from branches, generating information speedily, thereby strengthening the internal control over branches for policy formulation.
Hence, option (d) is correct choice.
< Previous Question Next Question >
Explore Courses for Banking Exams exam

Similar Banking Exams Doubts

Direction: Bank computerization during the initial stages involved the transition of traditional manual banking processes to computer-based systems. This transition aimed to improve the efficiency and accuracy of banking operations and to provide better customer service. During the initial stages of bank computerization, banks typically adopted standalone computer systems that were not connected to any network. One of the key challenges during the initial stages of bank computerization was the lack of standardization and interoperability between different systems. Overall, the initial stages of bank computerization laid the foundation for the modern digital banking systems that we have today. The use of technology has transformed banking operations and has made it possible to offer a wide range of services to customers through online and mobile platforms.Q. What advantage(s) do/does Centralized data processing give to the banks?(i) Each branch shares the same set of software, hardware, and other infrastructure.(ii) The corporate-level information is made available to all the branches.(iii) If the central server goes down, it will not affect the productivity of the systems connected.

The customers of any organization drive its revenues, therefore, it is important to build up a large and targeted customer base depending on the products and/or services the organization offers. To make the customers aware of an organizations (here, banks) business and its products and services (here banking products and services), marketing is required which helps the customer in making correct buying decisions. In the context of Retail banking, marketing means- Identifying the most profitable markets now and in the future. It involves assessing the customers present and future needs which are continuously evolving and dynamic in nature. In marketing, the banks set business development goals and make plans to meet them by going through the four stages of the Marketing process. The elements of the marketing mix for retail banking are- Product, Price, Place, Promotion, Process, People, and Physical evidence.Q. Who has given the following definition of marketing in banking?"The creation and delivery of customer-satisfying services at a profit to the bank"

Purchasing and using banking and other financial products requires interactions with the bank through a delivery channel. Customer satisfaction happens through different delivery channels and experiencing an optimum channel mix increases customer satisfaction. Technology has touched every aspect of our lives in recent years and banking has been no exception. Information technology has allowed banks to provide much better levels of service to their customers at low costs. The deployment of technology has also changed the channels via which customers interact with their banks. Bank branches form the traditional channel for the delivery of banking services. Almost every bank in the world has branches although banks have reduced their reliance on these branches and are attempting to replace branches with technologies like ATMs, PoS, Mobile banking, etc.Q. Internet Banking services offered by "Fully Transactional Websites" involves

Top Courses for Banking ExamsView all

Top Courses for Banking Exams

Among the below given, due to computerisation, bank can improve which of the following?a)customer serviceb)housekeepingc)decision-makingd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?
Question Description
Among the below given, due to computerisation, bank can improve which of the following?a)customer serviceb)housekeepingc)decision-makingd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Among the below given, due to computerisation, bank can improve which of the following?a)customer serviceb)housekeepingc)decision-makingd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Among the below given, due to computerisation, bank can improve which of the following?a)customer serviceb)housekeepingc)decision-makingd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Among the below given, due to computerisation, bank can improve which of the following?a)customer serviceb)housekeepingc)decision-makingd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Among the below given, due to computerisation, bank can improve which of the following?a)customer serviceb)housekeepingc)decision-makingd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Among the below given, due to computerisation, bank can improve which of the following?a)customer serviceb)housekeepingc)decision-makingd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Among the below given, due to computerisation, bank can improve which of the following?a)customer serviceb)housekeepingc)decision-makingd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Among the below given, due to computerisation, bank can improve which of the following?a)customer serviceb)housekeepingc)decision-makingd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Among the below given, due to computerisation, bank can improve which of the following?a)customer serviceb)housekeepingc)decision-makingd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
Explore Courses for Banking Exams exam

Top Courses for Banking Exams

Explore Courses

Suggested Free Tests

Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Get App
© EduRev
Education Revolution
Follow Us
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup