Which one of the following statements is most appropriate regarding transaction made in money?

Related MCQs

• Electronic money is called as______ money
• Electronic money is called as E-cash money
• Under which banking aims at targeting customers with large value transaction
• There is ____ in terms of transaction with E-banking
• In which of the following systems exchange of goods is done without use of money?
• Which of the following is known as plastic money
• Which is the fastest possible money transfer system through banking channel
• Which statement is not true regarding RBI?
• SBI lends money to other commercial banks.
• When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as: