Banking Sample Paper SBI PO (Main) Sample Test Paper-2

  • question_answer
    Statement: Hong Kong & Shanghai Banking Corp. (HSBC) has decided to shut 24 of its 50 branches in India. Which of the following may be the reason for the shutdown of branches in India?
    [A] Small number of retail customers
    [B] Retail banking customer taking online route for their transaction
    [C] Cost reduction measures taken by the bank
    [D] Major branches of HSBC running in loss in the world

    A)  Only [B] and [C]

    B)  Only [A] and [D]           

    C)  Only [A] and [C]           

    D)  Only [A] and [B]

    E)  None of these

    Correct Answer: A

    Solution :

     Digital banking is becoming popular day by day in the world and the customers are making maximum transactions online. So only C) and B) are the reasons.


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