BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
E-Banking can be done from anywhere irrespective of time, If one has ____ connection on his computer.
A
Wifi
B
Internet
C
Commerce
D
Flipcart
Explanation: 

Detailed explanation-1: -Online banking (also known as net banking) is available 24/7. Customers can use net banking to perform various financial activities such as transferring funds, viewing transaction history, and opening fixed deposits and recurring deposits. Net banking is secure, requiring a customer ID and password for login.

Detailed explanation-2: -Internet banking, also known as online banking, e-banking or virtual banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution’s website.

Detailed explanation-3: -Meaning of E-Banking: It is just the utilisation of telecommunications networks and electronic networks for conveying different financial services and products. Through e-banking, a client can acquire his record and manage numerous exchanges utilising his cell phone or personal computer.

There is 1 question to complete.