BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

FINANCIAL MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is mobile banking?
A
An electronic way to view account activity and pay bills via the internet and an institution’s website.
B
A written order for a bank to pay money out of the account holders account.
C
A record of income and spending and a plan for managing money.
D
A wireless service that allows financial transactions by using an app or web browser from a mobile device.
Explanation: 

Detailed explanation-1: -Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet.

Detailed explanation-2: -What Is Mobile Banking? Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.). This activity can be as simple as a bank sending fraud or usage activity to a client’s cell phone or as complex as a client paying bills or sending money abroad.

Detailed explanation-3: -Axis Mobile Banking App is a secure and steady platform that offers more than 100 services to its customers, fulfilling nearly all banking requirements. Easy to access all of your Axis Bank accounts, whether credit card, mutual funds, or debit card accounts.

There is 1 question to complete.