Banking · Digital Banking and Reforms
Which of the following statements regarding EASE 5.0 and the evolving banking landscape in India is/are correct? 1. EASE 5.0 emphasizes data analytics, automation, and digitization to improve profitability, asset quality, customer service, and digital capabilities in Public Sector Banks (PSBs). 2. The 'Anytime, Anywhere, and Anyhow Banking' facility restricts customers to accessing banking services only during physical branch working hours. 3. Technological advancements in telecommunications, such as MPLS, RF, and 5G/4G, have enabled banks to offer innovative customer-centric services in real-time and 24 x 7.
- 1All statements are correct
- 2Statements 1 and 3 are correct✓
- 3Statements 2 and 3 are correct
- 4Statements 1 and 2 are correct
Correct answer
Statements 1 and 3 are correct
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