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JAMB Commerce 2012 Objective — Question 48

Question 48 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2012 Objective paper, with the correct answer and a full explanation.

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Modern means of payment is greatly facilitated by

  • A. e-commerce
  • B. paper money
  • C. e-bankingCorrect
  • D. credit transfer

Explanation

E-banking is the act of paying and receiving money without going to the bank premises. E-banking means electronic banking.

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