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Question

Off-shore banking becomes more easy by _______.

A
E-banking
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B
EXIM-bank
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C
Rural banking
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D
IMF
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Solution

The correct option is A E-banking
Off shore bank refers to the bank located in a jurisdiction away from where the account holder or depositor resides. As E-banking doesn't require the account holder to be physically present in the bank to make the transaction, off-shore banking becomes much easier with the help of E-banking

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