BANKING AFFAIRS

Detailed explanation-1: -Which one of the following is controlled by the World Wide Web? Internet banking is known as virtual banking. It is called so because it has no bricks and boundaries.

Detailed explanation-2: -This form of banking is generally referred to as Internet Banking, although the range of products and services offered by different banks vary widely both in their content and sophistication. 1.1.

Detailed explanation-3: -Solution(By Examveda Team) E‐Banking is also known as Net banking. Electronic banking has many names like e banking, virtual banking, online banking, or internet banking.

Detailed explanation-4: -Universal banking combines the services of a commercial bank and an investment bank, providing all services from within one entity. The services can include deposit accounts, a variety of investment services, and may even provide insurance services.

Detailed explanation-5: -Branch banking allows a financial institution to expand its services outside of its home location and into smaller storefronts that function as extensions of its greater operations.