Question

    Which bank has recently announced to launch of BoB World Gold, a new feature on its mobile banking platform designed especially for seniors and the elderly?

    A Bank of India Correct Answer Incorrect Answer
    B Bank of Maharashtra Correct Answer Incorrect Answer
    C Union bank of India Correct Answer Incorrect Answer
    D Bank of Baroda Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    • BoB announced the launch of bob World Gold, a new feature on its BoB World mobile banking platform designed especially for seniors and the elderly.
    • BoB World Gold has easy navigation, large fonts, sufficient spacing and clear menus with added features like ready-to-assist voice based search service.
    • BoB World offers over 250 services, bob World Gold brings the essential, frequently used services and favourite transactions of senior citizens upfront such that they are conveniently available and easily accessible on the home screen.
    • These include services such as deposit renewal, comparison of savings accounts, retirement & succession planning services, health services/ pharmacy search etc.
    • There are approximately 138 million senior citizens in India in 2021, which is projected to increase to 192 million by 2031.

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