Question Description
Direction: Retail banking refers to the services provided by banks to individual consumers. This can include basic services like savings and checking accounts, as well as loans for personal use like buying a car or a home. Retail banks also offer credit and debit cards, and online and mobile banking options, and may provide investment services like mutual funds or retirement accounts. The focus of retail banking is on meeting the financial needs of individuals and small businesses rather than large corporations or institutions.Q. How have digital banking services contributed to financial inclusion?a)By reducing banking feesb)By providing personalized financial advicec)By extending banking services to remote areasd)By increasing security measuresCorrect answer is option 'C'. 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 Direction: Retail banking refers to the services provided by banks to individual consumers. This can include basic services like savings and checking accounts, as well as loans for personal use like buying a car or a home. Retail banks also offer credit and debit cards, and online and mobile banking options, and may provide investment services like mutual funds or retirement accounts. The focus of retail banking is on meeting the financial needs of individuals and small businesses rather than large corporations or institutions.Q. How have digital banking services contributed to financial inclusion?a)By reducing banking feesb)By providing personalized financial advicec)By extending banking services to remote areasd)By increasing security measuresCorrect answer is option 'C'. 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 Direction: Retail banking refers to the services provided by banks to individual consumers. This can include basic services like savings and checking accounts, as well as loans for personal use like buying a car or a home. Retail banks also offer credit and debit cards, and online and mobile banking options, and may provide investment services like mutual funds or retirement accounts. The focus of retail banking is on meeting the financial needs of individuals and small businesses rather than large corporations or institutions.Q. How have digital banking services contributed to financial inclusion?a)By reducing banking feesb)By providing personalized financial advicec)By extending banking services to remote areasd)By increasing security measuresCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Direction: Retail banking refers to the services provided by banks to individual consumers. This can include basic services like savings and checking accounts, as well as loans for personal use like buying a car or a home. Retail banks also offer credit and debit cards, and online and mobile banking options, and may provide investment services like mutual funds or retirement accounts. The focus of retail banking is on meeting the financial needs of individuals and small businesses rather than large corporations or institutions.Q. How have digital banking services contributed to financial inclusion?a)By reducing banking feesb)By providing personalized financial advicec)By extending banking services to remote areasd)By increasing security measuresCorrect answer is option 'C'. 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 Direction: Retail banking refers to the services provided by banks to individual consumers. This can include basic services like savings and checking accounts, as well as loans for personal use like buying a car or a home. Retail banks also offer credit and debit cards, and online and mobile banking options, and may provide investment services like mutual funds or retirement accounts. The focus of retail banking is on meeting the financial needs of individuals and small businesses rather than large corporations or institutions.Q. How have digital banking services contributed to financial inclusion?a)By reducing banking feesb)By providing personalized financial advicec)By extending banking services to remote areasd)By increasing security measuresCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Retail banking refers to the services provided by banks to individual consumers. This can include basic services like savings and checking accounts, as well as loans for personal use like buying a car or a home. Retail banks also offer credit and debit cards, and online and mobile banking options, and may provide investment services like mutual funds or retirement accounts. The focus of retail banking is on meeting the financial needs of individuals and small businesses rather than large corporations or institutions.Q. How have digital banking services contributed to financial inclusion?a)By reducing banking feesb)By providing personalized financial advicec)By extending banking services to remote areasd)By increasing security measuresCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Direction: Retail banking refers to the services provided by banks to individual consumers. This can include basic services like savings and checking accounts, as well as loans for personal use like buying a car or a home. Retail banks also offer credit and debit cards, and online and mobile banking options, and may provide investment services like mutual funds or retirement accounts. The focus of retail banking is on meeting the financial needs of individuals and small businesses rather than large corporations or institutions.Q. How have digital banking services contributed to financial inclusion?a)By reducing banking feesb)By providing personalized financial advicec)By extending banking services to remote areasd)By increasing security measuresCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Direction: Retail banking refers to the services provided by banks to individual consumers. This can include basic services like savings and checking accounts, as well as loans for personal use like buying a car or a home. Retail banks also offer credit and debit cards, and online and mobile banking options, and may provide investment services like mutual funds or retirement accounts. The focus of retail banking is on meeting the financial needs of individuals and small businesses rather than large corporations or institutions.Q. How have digital banking services contributed to financial inclusion?a)By reducing banking feesb)By providing personalized financial advicec)By extending banking services to remote areasd)By increasing security measuresCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Retail banking refers to the services provided by banks to individual consumers. This can include basic services like savings and checking accounts, as well as loans for personal use like buying a car or a home. Retail banks also offer credit and debit cards, and online and mobile banking options, and may provide investment services like mutual funds or retirement accounts. The focus of retail banking is on meeting the financial needs of individuals and small businesses rather than large corporations or institutions.Q. How have digital banking services contributed to financial inclusion?a)By reducing banking feesb)By providing personalized financial advicec)By extending banking services to remote areasd)By increasing security measuresCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.