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Solution :-

ans1

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Solution: Option (d)

Explanation:  As per the given context approximately 25 per cent of current jobs in Banking, Financial services and Insurance (BFSI) sector are predicted to face, undeniable threat by 2022, as the sector is witnessing increasing adoption of automation. This makes option (d) the right choice among the given options.

ans2

Solution: Option (a)

Explanation:  As the BFSI sector is witnessing rising adoption of automation, the report titled ‘Future of Jobs’ recently published by the Federation of Indian Chambers of Commerce & Industry FICCI and the National Association of Software and Services Companies (NASSCOM) Nasscom and Ernst & Young (EY) said that 20-25 percent of current jobs in the BFSI sector will face existential threat while 15-20 per cent of employees in the sector would be deployed in new roles that do not exist in present time. This makes option (a) the right choice among the given options.

ans3

Solution: Option (a)

Explantion: The context says that the BFSI sector has been in shifting process from a technology adoption perspective to robotic process automation as the sector began to raise robotic process automation/chatbots to amplify efficiency. This makes option (a) the right choice among the given options.

ans4

Solution: Option (d)

Explanation: The context says that the BFSI sector has been shifting gears from a technology adoption standpoint and is witnessing an increasing advent of robotic process automation to increase efficiency and productivity in the day-to-day processes. That means there is no scope of manual work to some extent in the sector in near future. This makes option (d) the right word for among the given options.

ans5

Solution: Option (c)

Explanation: According to the report, these robotic process technologies will take over not only rule based jobs but also a jobs that requires skill and knowledge based activities. This makes option (c) the right choice among the given options.

ans6

Solution: Option (a)

Explanation: The report says that these robotic based future technologies are taking over not only rule-based jobs but also jobs that needed knowledge-based activities. This makes option (a) the right choice among the given options.

ans7

Solution: Option (a)

Explanation: The context says that now indian banks are looking for some digital change like robotics  are working into their branches as digital assistants to provide customer services or any other help in day-to-day activities.. Hence option (a) is the right choice among the given options.

ans8

Solution: Option (d)

Explanation: Now, Indian banks are ready to adopt new technology which can help them in their day-to-day activities. For example-  Bringing robotics into bank branches to help their customers in day-to-day activities. Hence option (d) is the right choice among the given options.

ans9

Solution: Option (d)

Explanation: According to the given context, India has a time window of 2-3 years before the effects of disruptive technologies like AI, Internet of things, machine learning, and analytics among others begin to have an impact on business and society. This makes option (d) the right choice among the given options.

ans10

Solution: Option (d)

Explanation: India has a time window of 2-3 years before the effects of disruptive technologies like AI, Internet of things, machine learning, and analytics among others begin to have an impact on business and society,” This makes option (d) the right choice among the given options according to the context of the passage.

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