Banking Awareness - Basics Of Banking & Banking Terminology
Which banking function primarily enhances customer convenience rather than bank profitability?
Which banking function primarily enhances customer convenience rather than bank profitability?
hard Q8 of 15
Step-by-Step Solution
Step 1: Focus on customer convenience
The question highlights ease and support to customers.Step 2: Match with utility services
ATM and locker services mainly enhance convenience.Final Answer:
Providing ATM and locker services → Option DQuick Check:
Utility services focus on comfort, not core profit ✅
Quick Trick: Convenience-focused = utility function.
Common Mistakes:
- Treating utility services as profit drivers.
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