Question

Internet banking refers to ______.

Options

• Operation of account through internet

• Opening of bank account

• Both operation of account through internet and opening of bank account

• None of these

Answer 1

Internet banking refers to operation of account through internet.

Explanation:

Internet banking refers to the operation of a bank account through the internet, allowing customers to perform banking transactions such as checking accounts, applying for loans, and paying bills online using a computer or mobile device. It does not primarily refer to opening a bank account, which is a separate process.