ECONOMICS (CBSE/UGC NET)

ECONOMICS

SAVING AND INVESTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Interest banking is another term for online banking
A
true
B
false
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Online banking is also known as Internet banking or web banking.

Detailed explanation-2: -The terms “Internet Banking” and “Online Banking” are interchangeable. Internet banking is the ability to perform electronic banking services and transactions via the internet.

Detailed explanation-3: -Netbanking, also known as internet banking, is a digital method to conduct banking transactions by the means of the internet. It is an electronic system, which any individual with a bank account can activate and use for their financial proceedings.

There is 1 question to complete.