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Providing banking services to a customer without his entrance inside the bank's branch is called as :

Providing banking services to a customer without his entrance inside the bank's branch is called as : Correct Answer Virtual banking

Virtual bank হলো ইন্টানেট ভিত্তিক এমন আর্থিক প্রতিষ্ঠান যা টাকা জমাদান, উত্তোলন সহ ব্যাংকের অন্যান্য সুবিধা প্রদান করে। তবে এক্ষেত্রে গ্রাহককে ব্যাংকে সরাসরি উপস্থিত হতে হয় না। যেমন ATM বুথ বা Fast track।

Related Questions

Defining green banking is relatively easy. It means promoting environment -friendly practices and reducing your carbon footprint from your banking activities. This comes in many forms : using online banking instead of branch banking; paying bills online, opening up CDs (certificates of deposit) and money market accounts at online banks instead of large multi-branch banks. A green bank takes the biggest steps to support local green initiatives. Any combination of the above personal banking practices can help the environment. In this respect, online banks and smaller community banks have better track records than larger banks .However, these larger banks may be induced to go green . According to the passage, larger, multi -branch banks .
Which of the following statements are true in context of scheduled banks?
1. All banks which are included in the Second Schedule to the Reserve Bank of India Act, 1934 are Scheduled Banks.
2. These banks comprise Scheduled Commercial Banks and Scheduled Co-operative Banks.
3. Scheduled Commercial Banks in India are categorized into five different groups - SBI, Nationalised Banks, Regional Rural Banks, Foreign Banks and Other Indian Scheduled Commercial Banks in the private sector.
4. Scheduled Co-operative Banks consist of Scheduled State Co-operative Banks and Scheduled Urban Co-operative Banks.
How does shadow banking differ from commercial banking?
1. While commercial banks are tightly regulated, shadow banking is not well regulated.
2. Shadow banking cannot create money.
3. While liabilities of commercial banks are insured, shadow banking liabilities are not insured.
4. While commercial banks access to central bank liquidity in the times of distress, shadow banking does not have such resource.
Select the correct answer:
In the question below, a passage is given followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Passage: India has witnessed a rising trend in online banking frauds. Both the absolute number of frauds and the cumulative amount involved have been steadily increasing despite repeated awareness campaigns undertaken by banks and the RBI over the years through social media, SMS and E-mails. This poses a serious challenge to the safety of the digital ecosystem and thus the digital economy concept. Courses of action:  I. The government must set up an Insurance agency to reimburse the amount lost on online frauds. All online banking customers must be asked to pay a premium for the same. II. RBI must come up with a comprehensive mechanism for Banks to evaluate the Online Banking Knowledge of the customer before giving them such products. III. RBI must make it easier to report online frauds and more customers must be encouraged to file complaints on Online Banking frauds.
With respect to Arabian Sea Branch and Bay of Bengal branch of the monsoon entering the Indian landmass, consider the following statements: 1. Arabian Sea Branch is much more powerful than the Bay of Bengal branch. 2. Arabian Sea Branch is divided into three distinct streams while Bay of Bengal branch is divided into two distinct streams. Which of the statements given above is/are correct ?
Which of the following statements are true in context of Statutory Liquidity Ratio (SLR)?
1. They are regulated under Banking Regulation Act 1949.
2. It is mandatory for all scheduled commercial banks, local area banks, Primary (Urban) co-operative banks (UCBs), state co-operative banks and central co-operative banks in India to maintain the SLR.
3. Banks get a return on SLR.
The cost of servicing of a Maruti car at Maruti care Pvt. Ltd. is Rs. 400. Manager of service centre told me that for the second service within a year a customer can avail a 10% discount and further for third and fourth servicing he can avail 10% discount of the previous amount paid, within a year. Further if a customer gets more than 4 services within a year, he has to pay just 60% of the servicing charges on these services. A customer availed 5 services from the same servicing station, what is the total percentage discount fetched by the customer?
Directions : Following question consists of a statement followed by three arguments I, II and III . You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument. Statement : Should admission to all professional courses be made on the basis of past academic performance rather than through entrance tests? Arguments : I. Yes. It will be beneficial for those candidates who are unable to bear the expenses of entrance tests. II. Yes. Many deserving candidates securing high marks in their qualifying academic examinations do not perform well on such entrance tests. III. No. The standard of examinations and assessment conducted by different Boards and universities are not comparable and hence there is a need to conduct entrance tests to calibrate them on a common yardstick.
Directions : Following question consists of a statement followed by three arguments I, II and III . You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument.

Statement : Should admission to all professional courses be made on the basis of past academic performance rather than through entrance tests?

Arguments :
I. Yes. It will be beneficial for those candidates who are unable to bear the expenses of entrance tests.
II. Yes. Many deserving candidates securing high marks in their qualifying academic examinations do not perform well on such entrance tests.
III. No. The standard of examinations and assessment conducted by different Boards and universities are not comparable and hence there is a need to conduct entrance tests to calibrate them on a common yardstick.
Consider the below statements regarding the evolution of Banking in India Post-independence: A) RBI was nationalized in 1949. B) Nationalization of 14 banks in 1969 was the last time banks were nationalized post-independence. C) Narshimham Committee in 1991 recommended the nationalization of banking for supporting credit growth of the economy to come out of the economic crisis. D) Indhradhanush Plan was aimed at the merger of loss-making banks with bigger banks. Which of the above statements are true?