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Question

What is the name of the facility given to the investors by the bank where investors can perform smooth transactions through the internet?

A
Internet banking
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B
Electronic banking
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C
Investment banking
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D
Financial banking
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Solution

The correct option is B Electronic banking
Electronic banking facilitates smooth transactions through the use of internet services. In recent years, various banking operations can be conducted through e-banking facilities like transfer of money, opening RDs, FDs, etc.

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