What Do You Mean By Judgement

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Meaning of Judgement : Judgement means the observation and decision of court of law in respect of a particular case after conclusion of a trial. Content of Judgement : Every Judgement - Shall be written in the language of the court. Shall contain the point or points for determination, the decision there on and the reason for the decision. Shall specify the offence of which and section of The Indian Penal Code, 1860 or other law under which the accused is convicted and the punishment to which he is sentenced. If the Judgement is of acquittal, it shall state the offence, of which the accused is acquitted and direct that he be set at liberty section 354(1). Object : The object should be to protect the society and to deter the criminal in achieving the avowed object of law by imposing appropriate sentence. The social impact of the crime like where its relates to offences against woman, kidnapping and other offences involving moral delinquency which have great impact on s...

Meaning of E-Banking

E-banking is also called as "Electronic Banking", 'Online Banking', 'Internet Banking', 'on line banking', 'Virtual Banking'. E-Banking involves information technology based banking. The banking service are delivered by way of a Computer-controlled System. It is like e-business in banking indirectly. It allows customers of a financial institution to conduct financial transactions on a secure website operated by the institution which can be a retail or virtual bank, credit union or building society.

E-banking refers to the provisions of internet banking services via the internet through a Personal Computer(PC) or other access devices with internet capabilities. E-Banking system allows customers to manage accounts both in the national and a foreign currency and to obtain all the data needed about movement of funds on them in any corner of the world.

To access a financial institution's online banking facility, a customer having personal internet access must register with the institution for the service, and set up some password (under various name) for customer verification. The password for online banking is normally not the same as for 'telephone banking'. Financial institutions now routinely allocate customer numbers (also under various names) whether or not customers intend to access their online banking facility.

Customer numbers are normally not the same as account numbers because a number of account can be linked to the one customer number. The customer will link to the customer number any of those accounts which the customer controls, which may be cheque, saving, loan, credit card and the other accounts. Customer numbers will also not be the same as any debit or credit card issued by the financial institution to the customer.

To access online banking the customer would go to the financial institution's website and enter the online banking facility using the customer number and password. Some financial institutions have set up additional security steps for access, but there is no consistency to the approach adopted. 

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