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DIRECTIONS (56-65): Read the following passage carefully andanswer the given question. Certain words/phrases are given inbold in the passage to help you locate them while answeringsome of the questions.
A majority of Indians prefer to use the internet for accessingbanking and other financial services than shopping online, showsa new survey.Almost 57% of Indian respondents using the internet prefer tobank online and use other financial services due to hassle-freeaccess and time saving feature of online banking according to thesurvey.
Checking information on products and services online comes aclose second at 53% while 50% shop for products online. Thefourth on the list-around 42% of respondents in India surfed onlineto look for jobs, the survey said.Online banking has made things much easier for the people and itsaves a lot of time.
It has eliminated the problems associated with traditional way ofbanking where one had to stand in a queue and fill up severalforms. Most of the banks in India have introduced customerfriendlyonline banking facility with advanced security featuresto protect customers against cybercrime.
The easy registration process for net banking has improvedcustomers' access to several banking products increased customerloyalty, facilitated money transfer to any bank across India andhas helped banks-attract new customers. The Indian results closelytrack the global trends as well conducted among 19216 peoplefrom 24 countries, the survey showed that banking and keepingtrack of finances and searching for jobs are the main tasks ofinternet users around the globe.
Overall, 60% of people surveyed used the web to check theirbank account and other financial assets in the past 90 days, makingit the most popular use of the internet globality, shopping wasnot too far behind at 48%, the survey showed and 41% wentonline in search of a job in terms of country preferences, almost90% of respondents in Sweden use e-banking.Online banking has also caught on in a big way in nations likeFrance, Canada, Australia, Poland, South Africa and Belgium, thesurvey showed. The Germans and British come on top for usingonline shopping with 74% of respondents in both countries havingbought something online in the past three months. They arefollowed by 68% of respondents in Sweden. 65% in US and 62%in South Korea
A majority of Indians prefer to use the internet for accessingbanking and other financial services than shopping online, showsa new survey.Almost 57% of Indian respondents using the internet prefer tobank online and use other financial services due to hassle-freeaccess and time saving feature of online banking according to thesurvey.
Checking information on products and services online comes aclose second at 53% while 50% shop for products online. Thefourth on the list-around 42% of respondents in India surfed onlineto look for jobs, the survey said.Online banking has made things much easier for the people and itsaves a lot of time.
It has eliminated the problems associated with traditional way ofbanking where one had to stand in a queue and fill up severalforms. Most of the banks in India have introduced customerfriendlyonline banking facility with advanced security featuresto protect customers against cybercrime.
The easy registration process for net banking has improvedcustomers' access to several banking products increased customerloyalty, facilitated money transfer to any bank across India andhas helped banks-attract new customers. The Indian results closelytrack the global trends as well conducted among 19216 peoplefrom 24 countries, the survey showed that banking and keepingtrack of finances and searching for jobs are the main tasks ofinternet users around the globe.
Overall, 60% of people surveyed used the web to check theirbank account and other financial assets in the past 90 days, makingit the most popular use of the internet globality, shopping wasnot too far behind at 48%, the survey showed and 41% wentonline in search of a job in terms of country preferences, almost90% of respondents in Sweden use e-banking.Online banking has also caught on in a big way in nations likeFrance, Canada, Australia, Poland, South Africa and Belgium, thesurvey showed. The Germans and British come on top for usingonline shopping with 74% of respondents in both countries havingbought something online in the past three months. They arefollowed by 68% of respondents in Sweden. 65% in US and 62%in South Korea
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