It is a particular system of banking, in which a bank places its funds in risk free assets with maturity period matching its liability’s maturity timing and maintains liquidity at the time of demand payment and their funds have no chance of becoming an NPA.

It is a particular system of banking, in which a bank places its funds

1.	It is a particular system of banking, in which a bank places its funds in risk free assets with maturity period matching its liability’s maturity timing and maintains liquidity at the time of demand payment and their funds have no chance of becoming an NPA.
A.	Universal Banking
B.	Merchant Banking
C.	Narrow Banking
D.	Virtual Banking
Answer» D. Virtual Banking