Digital Banking Revolution in India

• Providing internet banking services for account management
• Enabling peer-to-peer transfers through a digital wallet
• Storing digital money for online shopping
• Real-time transfer of funds between bank accounts using smartphones (correct)

• Enabling users to make payments without using physical cash (correct)
• Offering traditional banking services like loans and mortgages
• Allowing users to access banking services on smartphones
• Providing investment opportunities in stock markets

• Expansion of internet banking platforms
• Introduction of traditional banking services
• Integration of digital payment platforms
• Proliferation of smartphones (correct)

<p>Performing various transactions such as fund transfers and bill payments (A)</p> Signup and view all the answers

<p>It is a real-time payment system allowing instant transfer of funds between bank accounts using smartphones (C)</p> Signup and view all the answers