Vidyalelo
Commerce · Q302

eCommerce

Graduate and Post Graduate · Commerce · question 302

Q302

E‐Banking is also known as.

A.
ATMs
B.
Net banking
Answer
C.
Traditional banking
D.
None of these

Answer: Option B

Solution

Answer: Option B
Solution:
E‐Banking is also known as Net banking. Electronic banking has many names like e banking, virtual banking, online banking, or internet banking. It is simply the use of electronic and telecommunications network for delivering various banking products and services. Through e-banking, a customer can access his account and conduct many transactions using his computer or mobile phone. In this article, we will look at the importance and types of e-banking services.