Business Studies

Which of the following is/are the benefit(s) of e-banking to the banker?


ANSWER

All of the above


SOLUTION
E-banking can be defined as a method of banking. Through e-banking customers can conduct transactions electronically. E-banking is a product designed for the purpose of online banking. Benefits of e-banking to the banker are:
a) Competitive advantage
b) Network is expanded beyond branches
c) Centralized database reduces work load.
View Full Answer

Its FREE, you're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 162
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Which of the following talks about the principle of utmost good faith?
  • A. Premium is computed on the basis of assessment of the proposal form.
  • B. Insurer agrees to compensate for loss of sea perils.
  • C. A person who enters into contract has a legal obligation to act with honesty.
  • D. It is mainly concerned with how the losses or damages happened.

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
Select the proper option from the probable option given below and rewrite the complete statements:
In India, railways are owned and managed by _____.
  • A. Private companies
  • B. Government
  • C. Individuals
  • D. None of these

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
______________ system can be any organized combination of people, hardware, software, communications networks and data resources that collects, transforms and disseminates information in an organization.
  • A. Information
  • B. Integrated
  • C. Horizontal
  • D. Vertical

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Subjective Medium
Write short notes on the following : 
Principle of indemnity.

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
The purpose of strategy is to provide__________.
  • A. the strategic direction for an organization in the foreseeable future.
  • B. direction and scope of an organization over the long term, which achieves advantage for an organization within a changing environment to meet the needs of markets.
  • C. direction and scope of an organization over the long-term, which achieves advantage in a changing environment through its configuration of resources and competences with the aim of fulfilling stakeholder expectations.
  • D. a set of standards which all employees in an organization should strive to attain

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer