Federal Bank PO Practice Questions - Federal Bank Probationary Officer (JMG Scale I) Exam

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Read the passage: 'The rapid penetration of mobile internet in semi-urban India has transformed the banking landscape. Private sector banks are leveraging localized interface designs and regional language support to bypass traditional branch-reliant onboarding. While this has expanded the customer base, it has also heightened exposure to social-engineering threats.' Which of the following can be inferred from the passage?

Traditional bank branches in semi-urban areas are closing down due to mobile internet. Localizing apps helps mitigate the cybersecurity risks associated with mobile banking. Branchless onboarding in semi-urban areas is facilitated by customizing interfaces for regional demographics. Social engineering is the primary cause of slow digital banking growth in rural regions.

Correct Answer:

Branchless onboarding in semi-urban areas is facilitated by customizing interfaces for regional demographics.

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