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प्रश्न
Ved and Ahmad made payments at an electronic store. While Ved paid the amount via cheque, Ahmad made his payment by using online banking. Whose payment was swift? Give a reason.
उत्तर
The payment made by Ahmad by online banking was swift.
Reason for Online banking being swift:
- It transfers the money instantly while cheque takes maximum three days to transfer the amount.
APPEARS IN
संबंधित प्रश्न
Answer the following question:
Explain briefly any two points of importance of consumer protection from the point of view of the business.
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Match the correct pairs :
Group 'A' | Group 'B' |
a. Private Company | 1. Minimum 7 members |
b. Overdraft | 2. Saving Account |
c. ATM | 3. 1996 |
d. Consumer Protection Act | 4. Electronic Business |
e. Controlling | 5. Current Account |
6. Maximum 50 members | |
7. Automatic Teller Machine | |
8. 1986 | |
9. Individual Taste | |
10. To take corrective action |
Explain any five rights of consumers as provided under the Consumer Protection Act. 1986.
Consumer Responsibility?
Which of the following are functions performed by these organisations m regard to safeguarding the interest of the consumers.
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Briefly discuss any two features of Current account in a bank.
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