Economics · Economy
Which of the following scenarios represents a trend that is factually incorrect or against the current global banking industry direction? Scenario 1: A bank implements a system that uses social media data and big data analytics to assess creditworthiness. Scenario 2: A regulator sets up a Regulatory Sandbox to allow Fintech startups to test open banking solutions. Scenario 3: A bank uses WhatsApp Banking leveraging NLP to understand local language queries. Scenario 4: A bank decides to stop all Digital Banking initiatives and move back to manual paper-ledgers permanently.
- 1Scenario 1
- 2Scenario 2
- 3Scenario 3
- 4Scenario 4✓
Correct answer
Scenario 4
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy