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प्रश्न
Answer in one sentence:
Which facility is given to Current Account holder?
उत्तर
Overdraft facility is given to Current Accountholder.
APPEARS IN
संबंधित प्रश्न
Write a word or a term or a phase which can substitute the following statement:
A slip used for depositing cash and cheque in the Bank account.
Write a word or a term or a phase which can substitute the following statement:
The short term credit facility given by bank to current account holder.
Select the correct answer from the options given below and rewrite the statement.
Resolution for opening Bank Account is passed in the _________ meeting.
Select the correct answer from the options given below and rewrite the statement.
Generally Interest is not paid on ___________ deposit account
Write a word or a term or a phase which can substitute the following statement:
The slip which is used for withdrawing money from Savings Account.
State whether the following statement is true or false :
Board resolution is not required to open the Current Account with the bank.
State whether the following statement is true or false :
Overdraft facility is granted to Savings account holders.
State whether the following statement is true or false :
Bank overdraft facility is a long term facility.
State whether the following statement is true or false :
Banks grant long term loans only.
Complete the sentence:
A financial institution which receives deposits and lends money is called as __________
Complete the sentence:
A facility under which a customer can overdraw money from his account is called as ___________.
Answer in one sentence:
What do you mean by stop payment of cheque?
Attempt the following:
Write a letter to the bank to stop payment of cheque.
Attempt the following:
Write a letter requesting the bank to issue a letter of credit.
Distinguish between the following:
Loan and overdraft
Explain the following term/concept:
Stop payment of cheque
Explain the following terms/concept:
Advances
Explain the following term/concept:
Bank
Correct the underlined word and rewrite the following sentence:
Under Cash Credit facility businessman /Accountholder can overdraw from his account.
Correct the underlined word and rewrite the following sentence:
Businessman opens Fixed Deposit Account.