CBSE Class 10 Computer Applications Question 37 of 79

Internet Services — Question 8

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Question 8

What do you mean by the term PC banking?

Answer

PC banking is a type of banking where a person uses a personal computer to access banking information. It requires a secure Internet connection and a Personal Financial Management software, such as Quicken®, Microsoft Money®, etc.

With PC banking, we can safely perform our bank transactions like bill payments, fund transfers, check statements, etc., from our home computer.