GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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E-Banking
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M-Banking
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Internet Banking
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Universal Banking
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Detailed explanation-1: -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-2: -Electronic funds transfer (EFT) is the electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems.
Detailed explanation-3: -E-banking also allows you to check and print balance inquiries, view transaction histories, transfer cash, pay online utility bills, and make online purchases, among other things. Customers can also seek many forms like mortgage, auto, and equity, home, personal loans and students through E-banking.