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प्रश्न
The advantage of having a bank account is that it ______.
विकल्प
it develops saving habits
it keep your money safe
it becomes easier to pay bills
All the above
उत्तर
All the above
Explanation:
Having a bank account offers multiple advantages:
- It develops saving habits
- It keeps your money safe
- It becomes easier to pay bills
Thus, a bank account not only promotes saving but also offers security and convenience in financial transactions.
संबंधित प्रश्न
Mention two differences between fixed deposits and demand deposits.
Explain any one type of term deposit.
State the differences between a loan and an overdraft.
Mention any two agency functions/services of a commercial bank.
Which is the primary function of Commercial Banks?
A commercial bank accepts deposits from the people for the purposes of giving loans and making investments.
Observe the relationship of the first pair of word and complete the second pair.
The primary function of a commercial bank : Acceptance of deposit, the agency function of a commercial banks : ______.
From which type of deposits, money can be withdrawn only after the maturity date?
What is the difference between a loan and an overdraft?
Explain how banks can advance loans through cash credit.
