Question

which of these can be considered \online banking?\
i. a brick-and-mortar bank that allows its customers to transfer money online.
ii. a bank that has only a few branches but has customers depositing money online.
iii. a bank that does not exist as a real building, but only has an internet presence.
a. i and ii
b. ii and iii
c. iii only
d. i, ii, and iii

please select the best answer from the choices provided

a
b
c

Explanation:

Online banking involves conducting banking activities (like transfers, deposits) via the internet. I: A brick - and - mortar bank with online money transfer is online banking. II: A bank with few branches and online deposits is also online banking. III: A purely internet - based bank (no physical building, only online presence) is online banking. So all I, II, and III are online banking.

Answer:

d. I, II, and III