Vidyalelo
Commerce · Q894

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 894

Q894

With reference to digital system, which of the following statements is correct?

A.
The payer and the payee both use electronic mediums to exchange money
Answer
B.
It takes place in the premises of a bank
C.
It requires cheque book
D.
It needs credit card

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board