Question

Assertion (A): The customer can get information about the balance in his account and latest transactions on the telephone.

Reason (R): Under Tele banking, the account of a customer is linked by telephone to the bank’s computer.

Options

• Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).

• Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A).

• Assertion (A) is True but Reason (R) is False.

• Assertion (A) is False but Reason (R) is True.

Answer 1

Both Assertion (A) and Reason (R) are True, and Reason (R) is the correct explanation of Assertion (A).

Explanation:

Telebanking allows customers to perform banking functions over the phone. It includes facilities like checking account balances and recent transactions. This is made possible because the customer’s account is linked to the bank’s computer system through telephone access.