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प्रश्न
Complete the sentence:
Overdraft facility is given to __________.
उत्तर
Overdraft facility is given to Current account holder
APPEARS IN
संबंधित प्रश्न
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.
Write a word or a term or a phase which can substitute the following statement:
The account which is generally opened by business organization.
Select the correct answer from the options given below and rewrite the statement.
The appointment of banker is usually made by the _______.
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| a) Lost cheque | 1) Board of Directors |
| b) Appointment of Banker | 2) Higher rate of interest |
| c) Cash credit | 3) Used for depositing cash and cheque |
| d) Fixed Deposit Account | 4) Stop Payment |
| e) Savings Account | 5) Restrictions on withdrawals |
| f) Pay-in-slip | 6) Separate Account |
| g) Overdraft facility | 7) Current Account |
| 8) Recurring Account | |
| 9) Shareholders | |
| 10) No interest is paid | |
| 11) Used for withdrawing amount from account | |
| 12) Long term credit facility | |
| 13) Certain restrictions on withdrawals | |
| 14) Dealing in foreign exchange |
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 :
Bank account of company is operated by shareholder.
Find the odd one:
Find the odd one:
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| Overdraft | __________ |
Answer in one sentence:
What do you mean by stop payment of cheque?
Justify the following statement:
The bank accept two types of deposits from the public i.e. demand and time deposit?
Distinguish between the following:
Fixed deposit account and recurring deposit account
Explain the following term/concept:
Savings Deposits
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.
Explain the following term/concept:
Fixed deposits
Choose the Correct Answer.
Bankers are not only dealers of money but also leaders in ______
