![Union Bank of India Secures 1st Rank in EASE Reforms Index for Q3 FY23 Union Bank of India Secures 1st Rank in EASE Reforms Index for Q3 FY23](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgyIhXv0OSPSEZ1ijsrchfrq4VVwFaRsAeehfzIxDqvaDM4GcvkTMpLSQk6aov8YdsYBiLzkKJlPT_8sHJokg72E7oxMgomHr_zRnMRXo6q0HrF868WPRWA6Hx7TBYvQX5Q9Ls27A7gSUUYsO9lisQxb8CeSG6jrgwg1YBJv4-Wqf5xvWSEeJOkW6vq/w320-h149-rw/UNION-BANK-OF-INDIA-1-1.jpg)
- EASE stands for Enhanced Access & Service Excellence, which is an initiative by the Department of Financial Services (DFS) as part of the PSB Reforms Agenda.
- The bank has performed well in areas such as digitally-enabled customer offerings, big data and analytics, modern technology capabilities, and employee development and governance.
Question:
Q.1 What does EASE stand for in EASE Reforms Index?a. Enhanced Access & Service Excellence
b. Efficient Administration & System Efficiency
c. Effective Audit & Security Enforcement
d. Economic Advancement & Social Empowerment