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प्रश्न
State whether the following statement is true or false :
Banks grant long term loans only.
विकल्प
True
False
उत्तर
False
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:
Permission to withdraw excess amount from Current Account.
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.
Bank provides overdraft facility to ___________ account holder.
Select the correct answer from the options given below and rewrite the statement.
__________ account is suitable to salaried people.
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 |
Write a word or a term or a phase which can substitute the following statement:
The type of account for which higher rate of interest is paid to bank depositors..
State whether the following statement is true or false :
In cash credit, customers account is credited by bank with sanctioned amount
State whether the following statement is true or false :
Bank correspondence should be brief and to the point.
Find the odd one:
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| ________________ | Current Account |
Attempt the following:
Write a letter requesting the bank for granting overdraft facility
Justify the following statement:
The bank accept two types of deposits from the public i.e. demand and time deposit?
Explain the different types of deposits
Distinguish between the following:
Fixed deposit account and recurring deposit account
Distinguish between the following:
Loan and overdraft
Explain the following term/concept:
Letter of Credit
Explain the following terms/concept:
Advances
Explain the following term/concept:
Loans
