How does INFINET improve the efficiency of banking and financial institutions?

Question

General Knowledge · General Awareness

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Share:

Correct answer

By enabling faster fund utilization and reducing operational costs.

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on General Awareness?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in General Knowledge · General Awareness

Which movement aimed to promote Khadi, a hand-spun and handwoven cloth native to India?

Who were prominent leaders associated with the initial phase of the Telangana Rebellion (1946-1951) against the Nizam's rule and feudal landlords?

What was the immediate trigger for the Revolt of 1857?

Answer 1

By providing a centralized database for all financial institutions.

Answer 2

By enabling faster fund utilization and reducing operational costs.

Answer 3

By limiting the number of financial institutions that can participate in the network.

Answer 4

By providing physical security measures like guards at banking branches.

Related Practice Questions