GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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M-commerce
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P-commerce
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Online banking
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Offline banking
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Detailed explanation-1: -Internet banking, also known as online banking or e-bankingor Net Banking is a facility offered by banks and financial institutions that allow customers to use banking services over the internet. Customers need not visit their bank’s branch office to avail each and every small service.
Detailed explanation-2: -The major types of E-banking are online internet banking, mobile banking, automated teller machine (ATM), and debit and credit cards.
Detailed explanation-3: -Online banking allows a user to conduct financial transactions via the Internet. Online banking is also known as Internet banking or web banking. Online banking offers customers almost every service traditionally available through a local branch including deposits, transfers, and online bill payments.