Mobile Banking Basics Quiz

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Questions and Answers

What is another name for Mobile Banking?

  • Electronic Banking
  • Online Banking (correct)
  • Virtual Banking
  • Digital Banking

What does Bank Account Management (BAM) involve?

  • Opening and closing personal accounts
  • Negotiation and management of account services and fees (correct)
  • Issuing credit cards
  • Managing stock investments

What are the limits of Mobile Banking?

  • Account balance restrictions
  • Transaction speed
  • Security concerns (correct)
  • Availability of investment options

What is included in Bank Account Management (BAM)?

<p>Managing the interrelationships among accounts (B)</p> Signup and view all the answers

What do most banks now have that allows account management from a phone?

<p>Apps (A)</p> Signup and view all the answers

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