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Computer and the bank - SS2 Commerce Past Questions and Answers - page 1

1

How do computers benefit banks?

A

Computers enable banks to store and manage financial data.

B

Computers allow customers to withdraw cash at ATMs.

C

Computers provide physical security to bank branches.

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2

What is the main purpose of e-banking?

A

To provide physical banking services at bank branches.

B

To enable customers to access banking services remotely.

C

To facilitate in-person transactions at automated teller machines.

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3

What is an example of an e-banking service?

A

Accessing your account balance online.

B

Writing a check to make a payment.

C

Visiting a bank branch to deposit cash.

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4

What is the role of computers in transaction processing at banks?

A

Computers enable customers to withdraw cash at ATMs.

B

Computers ensure the accuracy and recording of transactions.

C

Computers provide physical security to bank branches.

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5

What is the main benefit of e-banking?

A

Easy access to physical bank branches.

B

Long waiting times at bank tellers.

C

Cost savings on transportation to bank branches.

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6

How does e-banking provide convenience to customers?

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7

What are some security measures employed in e-banking?

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