Question

What do you understand by the following?
1. Account holder
2. Debit card
3. Electronic banking
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Answer 1

Answer: Account holder

The term primary account holder refers to the main user of an account such as a credit card, bank account, or even a debt vehicle such as a loan. This is the person who is legally responsible for the debt and balance along with the maintenance of the account

Debit card

a plastic card that can be used to take money directly from your bank account when you pay for something

Electronic banking

Electronic banking, Use of computers and telecommunications to enable banking transactions to be done by telephone or computer rather than through human interaction. ... Electronic banking has vastly reduced the physical transfer of paper money and coinage from one place to another or even from one person to another.