What is e-banking. What are the advantages of e-banking?
Recent world is of computers. Computers are affecting every walk of our life or our daily routine of an particular individual or an organisation. By the extensive network of computers which is connected through internet, the world is rendered into the global village. With the disclosure of Internet banking, banking scenario is also changing quickly. E- banking implies performing all the functions or duties of commercial banks to be conducted electronically. Advantages of e-banking are as follows:
1. Helps to manage savings and checking accounts, apply for loans quickly and easily round the clock.
2. Customers can see balances on line and find out whether cheques or deposits have cleared.
3. Customers can easily transfer their funds between the two accounts.
4. It gives demat services for the shares.
5. Customers can easily down load financial information (relating to their FDs, A/c, cheques, Bills etc.) into personal computer rapidly.
Popular Questions of Class 11 Business Studies
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What factors are to be considered while starting a business? Explain.
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Discuss the development of indigenous banking system in Indian subcontinent.
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What were the different types of Hundi in use by traders in ancient times?
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Define Industry. Explain various types of industries giving examples.
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Why is business considered as economic activity?
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List the major exports and imports in ancient India.
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Define business. Describe its important characteristics.
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State the different types of economic activities.
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Evaluate the need for outsourcing and discuss its limitations.
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Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer.
Recently Viewed Questions of Class 11 Business Studies
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Define business. Describe its important characteristics.
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What is Hundi?
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State any three differences between e-business and traditional business.
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Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer.
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What factors are to be considered while starting a business? Explain.
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1. The structure in which there is separation of ownership and management is called
(a) Sole proprietorship (b) Partnership
(c) Company (d) All business organisations2. The karta in Joint Hindu family business has
(a) Limited liability (b) Unlimited liability
(c) No liability for debts (d) Joint liability3. In a cooperative society the principle followed is
(a) One share one vote (b) One man one vote
(c) No vote (d) Multiple votes4. The board of directors of a joint stock company is elected by
(a) General public (b) Government bodies
(c) Shareholders (d) Employees5. Profits do not have to be shared. This statement refers to
(a) Partnership (b) Joint Hindu family business
(c) Sole proprietorship (d) Company6. The capital of a company is divided into number of parts each one of which are called
(a) Dividend (b) Profit
(c) Interest (d) Share7. The Head of the joint Hindu family business is called
(a) Proprietor (b) Director
(c) Karta (d) Manager8. Provision of residential accommodation to the members at reasonable rates is the objective of
(a) Producer’s cooperative (b) Consumer’s cooperative
(c) Housing cooperative (d) Credit cooperative9. A partner whose association with the firm is unknown to the general public is called
(a) Active partner (b) Sleeping partner
(c) Nominal partner (d) Secret partner - Q:-
Describe the activities relating to commerce.
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Explain warehousing and its functions.
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- Q:-
Explain the functions of commercial banks with an example of each.
- NCERT Chapter