Question

Column A
(a) The banking facility that helps us to make payments out of our bank account without actually carrying money with us.
(b) The banking facility enabling us to deposit or withdraw cash 24 hours a day.
(c) The facility that helps us to perform banking transactions over the Internet.
(d) We can get information about the balance in our bank account over the mobile phone using this facility.
(e) The facility that enables us to make payment for.

Column B
(i) ATM
(ii) Phone Banking
(iii) Credit Card
(iv) Debit Card
(v) Net Banking

Match the pair.

Answer 1

Answer:

(a) → (iv)

(b) → (i)

(c) → (v)

(d) → (ii)

(e) → (iii)

Explanation:

(a) The banking facility that helps us to make payments out of our bank account without actually carrying money with us is Debit Card.

(b) The banking facility enabling us to deposit or withdraw cash 24 hours a day is ATM.

(c) The facility that helps us to perform banking transactions over the Internet is Net Banking.

(d) We can get information about the balance in our bank account over the mobile phone using Phone Banking facility.

(e) Credit Card is the facility that enables us to make payment for purchase of goods by taking credit from the bank.