Advertisements
Advertisements
Question
Electronic banking is a part of ______ banking.
Options
Real
Image
Gross
Virtual
Advertisements
Solution
Electronic banking is a part of virtual banking.
Explanation:
- Electronic banking is a type of virtual banking. Account holders get unfettered access to their accounts via e-banking.
- E-banking allows clients to execute transactions electronically.
- E-banking is a product created for the purpose of internet banking.
APPEARS IN
RELATED QUESTIONS
'Rita' was using a plastic card to withdraw money from a machine set up outside the bank.
- Identify the card.
- Write any four precautions that must be taken while using such a card.
A customer can withdraw or deposit money with the help of this machine by inserting his/her card and typing his/her personal identity number.
In case of ______ cardholder makes payment after using the card.
In case of ______ cardholder makes payment before using the card.
State any two precautions while using an 'ATM'.
What is a credit card?
What is a debit card?
Distinguish between a Debit card and a Credit card.
State three precautions that must be taken while using credit or debit cards.
Enumerate various types of E-banking facilities.
