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प्रश्न
Write the meaning of ‘Bank.’
उत्तर
In simple words, a bank is an institution, which deals in money and credit. The Bank normally refers to Commercial Bank.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
__________ is used for depositing cash into a bank account.
Select the correct answer from the options given below and rewrite the statement.
Withdrawals are not permitted from the ____________ deposit account.
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 overdraft facility is a long term facility.
State whether the following statement is true or false :
It is necessary to instruct the bank to stop payment of a cheque which is lost.
Find the odd one:
Complete the sentence:
Overdraft facility is given to __________.
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| Primary Function | __________ |
Answer in one sentence:
What is a Letter of Credit?
Answer in one sentence:
Which facility is given to Current Account holder?
Answer in one sentence:
What do you mean by stop payment of cheque?
Attempt the following:
Write a letter to bank for opening a current account
Explain the different types of deposits
Explain the following term/concept:
Discounting of Bills
Explain the following term/concept:
Cash Credit.
Explain the following term/concept:
Recurring deposits
Explain the following term/concept:
Fixed deposits
Choose the Correct Answer.
Bankers are not only dealers of money but also leaders in ______
Choose the Correct Answer.
The Local Area Banks are promoting ______
