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Electronic banking is a part of ______ banking. - Commercial Studies

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Question

Electronic banking is a part of ______ banking.

Options

  • Real

  • Image

  • Gross

  • Virtual

MCQ
Fill in the Blanks

Solution

Electronic banking is a part of virtual banking.

Explanation:

  1. Electronic banking is a type of virtual banking. Account holders get unfettered access to their accounts via e-banking.
  2. E-banking allows clients to execute transactions electronically.
  3. E-banking is a product created for the purpose of internet banking.
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Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
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Chapter 14: Banking - EXERCISES [Page 255]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 14 Banking
EXERCISES | Q 16. | Page 255
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