Banking General Awareness Modern Banking Question Bank Previous Years Questions - Modern Aspects of Banking

  • question_answer
    As per the news published in major newspapers journals hence forth the Credit Card holders will be able to access their credit card information though automated interactive voice response system over the phone instead of speaking to the staff. This decision of the banks/credit card companies will provide [Corporation Bank 2009]
    (1) an additional hurdle to the customers as people feel comfortable in talking to the staff instead of talking to a machine.
    (2) an additional security to the customers  as this does not allow any staff to handle any transaction directly.
    (3) Some comfort to the banks as they will be able to reduce their staff strength.

    A)  Only (1)

    B)  Only (2)

    C)  Only (3)

    D)  All (1), (2) & (3)

    E)  Only (1) & (3)

    Correct Answer: A


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