Practice Modern Banking Services - 5.7 | 5. Banking | ICSE 9 Commercial Studies
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Modern Banking Services

5.7 - Modern Banking Services

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is online banking?

💡 Hint: Think about accessing your bank from home.

Question 2 Easy

What does UPI stand for?

💡 Hint: It's a system for transferring money quickly.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the primary feature of online banking?

It requires a bank visit
It offers transactions via the internet
It charges a fee for each transaction

💡 Hint: Remember the convenience of banking from home.

Question 2

True or False: UPI requires the use of cash.

True
False

💡 Hint: Consider how UPI works.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Compare and contrast the security features of online banking versus mobile banking.

💡 Hint: Consider what methods are used to secure your account information.

Challenge 2 Hard

Assess the implications of adopting UPI for a small business compared to traditional payment methods.

💡 Hint: Reflect on how payment preferences have shifted in recent years.

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