BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Electronic access to bank accounts and cash, 24 hour access, moves money without paper or your bank card.
A
Banking
B
ATM
C
Checking Account
D
Online Banking
Explanation: 

Detailed explanation-1: -E-banking allows 24 hour access to bank accounts. Q. A PIN number is never needed for a debit card transaction.

Detailed explanation-2: -IMPS offers an instant, 24X7, interbank electronic fund transfer service through mobile phones. IMPS is an emphatic tool to transfer money instantly within banks across India through mobile, internet and ATM which is not only safe but also economical both in financial and non-financial perspectives.

Detailed explanation-3: -Online banking allows a user to conduct financial transactions via the Internet. Online banking is also known as Internet banking or web banking. Online banking offers customers almost every service traditionally available through a local branch including deposits, transfers, and online bill payments.

Detailed explanation-4: -electronic banking, Use of computers and telecommunications to enable banking transactions to be done by telephone or computer rather than through human interaction. Its features include electronic funds transfer for retail purchases, automatic teller machines (ATMs), and automatic payroll deposits and bill payments.

There is 1 question to complete.