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प्रश्न
State whether the following statement is true or false :
Generally no interest is paid by bank on Current Account.
विकल्प
True
False
उत्तर
True
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.
Generally Interest is not paid on ___________ deposit account
State whether the following statement is true or false :
Joint Stock Company opens Current Account.
Complete the sentence:
Accepting deposits and lending money are the primary functions of ______
Complete the sentence:
A facility under which a customer can overdraw money from his account is called as ___________.
Complete the sentence:
Overdraft facility is given to __________.
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| Overdraft | __________ |
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| ________________ | Current Account |
Answer in one sentence:
What is a Letter of Credit?
Attempt the following:
Write a letter requesting the bank to issue a letter of credit.
Explain the following term/concept:
Letter of Credit
Explain the following terms/concept:
Advances
Explain the following term/concept:
Current deposits
Explain the following term/concept:
Demand Deposits
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:
Accepting deposits is the secondary function of Banks.
Choose the Correct Answer.
The Local Area Banks are promoting ______
