Question

    In M-Banking, what does M stands for? 

    A Money Correct Answer Incorrect Answer
    B Month Correct Answer Incorrect Answer
    C Marginal Correct Answer Incorrect Answer
    D Mobile phone Correct Answer Incorrect Answer
    E Magnetic Ink Correct Answer Incorrect Answer

    Solution

    Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a mobile phone or tablet. It uses software, usually called an app, provided by the financial institution for the purpose.

    Practice Next

    Relevant for Exams: