Page 2 - Home Assignment 17
P. 2
4. Name the type of banking under which ATM, credit card and EFT facilities
are available.
(a) Internet Banking
(b) E-banking
(c) Modern Banking
(d) Online Banking
5. Who can get an overdraft from a bank?
(a) A Current Account Holder
(b) A Saving Account Holder
(c) A Fixed Deposit Account Holder
(d) A Recurring Deposit Account Holder
6. Give full form of ATM.
(a) Automatic Tele Money
(b) Any Time Money
(c) Automatic Teller Machine
(d) Automatic Transfer Money
HOME ASSIGNMENT
1 Mark Questions
1. What is e-banking?
2. What is Electronic Fund Transfer (EFT)?
3. What is Automatic Teller Machine (ATM)?
4. What is Debit Card?
5. What is Credit Card?