Business Studies

Transaction of internet banking excludes _________.


ANSWER

withdrawal of cash anywhere in India


SOLUTION
Internet banking can be used for transacting online and has the limitation that cash cannot be withdrawn through the platform. The technology does not support cash withdrawal using internet banking. Internet banking facilitates downloading or viewing the statement of accounts, transferring funds from one account to another, and balance enquiry.
It can thus be concluded that cash withdrawal is not supported through internet banking.
View Answers

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 202
Enroll Now For FREE

Realted Questions

Q1 TRUE/FALSE Medium
State the following statement is True or False:
A line which introduces the contents of the letter at a glance is the subject line.
  • A. True
  • B. False

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
Usually ______ policy is taken up by husband and wife or by two partners in a partnership firm. 
  • A. Annuity Policy
  • B. Endowment Life Assurance Policy
  • C. Childrens Endowment Policy
  • D. Joint Life Policy

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
A/An _______ is that by which the assured undertakes that some particular thing shall or shall not be done.
  • A. Warranty
  • B. Guarantee
  • C. Indenmnity
  • D. Policy

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Subjective Medium
Fill in the blanks with suitable words.
Vehicle insurance is an ________ Insurance.

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
Which of these statement(s) is/are true about a good objective?
  1. A good objective should clarify the desired result.
  2. Enable achievement to be measured.
  3. Need not specify a time scale.
  • A. 1 & 2
  • B. 2
  • C. 1
  • D. 3

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer