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    Question

    What is the main purpose of bob FxOne, launched by Bank

    of Baroda?Ā 
    A Enabling instant personal loans for retail customers Correct Answer Incorrect Answer
    B Facilitating corporate tax filings Correct Answer Incorrect Answer
    C Managing forex and derivative transactions for MSMEs and corporates Correct Answer Incorrect Answer
    D Issuing virtual credit cards Correct Answer Incorrect Answer
    E Real-time GST reconciliation platform Correct Answer Incorrect Answer

    Solution

    bob FxOne is a digital forex platform by Bank of Baroda designed for MSME and corporate clients. It enables real-time forex and derivative deals with live rates and downloadable deal tickets, improving transparency and ease of doing business.Ā 

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