Question
Which of the following bank launched ‘YONO Cash Point’, a cardless ATM service?
This question was previously asked in
RRB NTPC 2019 CBT 1 Question Paper (8-Mar-2021) (Shift 2)
The correct answer is
SBI
SBI Launches YONO Cash Point Service
The question asks to identify the bank that introduced the 'YONO Cash Point' feature, which enables cardless ATM withdrawals.
- YONO Cash Point is a service allowing customers to withdraw cash from ATMs without using their debit card.
- This service is part of the digital banking initiatives aimed at enhancing customer convenience.
- State Bank of India (SBI) is the bank that launched this innovative 'YONO Cash Point' facility.
Therefore, SBI is the correct answer.
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