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प्रश्न
A ______ is meant for day to day transactions.
पर्याय
Current account
Saving account
Fixed deposit account
Recurring deposit account
उत्तर
A Current account is meant for day to day transactions.
Explanation:
A current account is typically used for day-to-day transactions. It is intended for frequent and consistent use, allowing businesses and individuals to deposit and withdraw funds as needed, with no limit on the number of transactions. It is widely used by organizations, dealers, and professionals to manage operational and transactional requirements.
संबंधित प्रश्न
Which of the following does not belong to the group?
Explain the features of savings bank account.
Which account holder gets Overdraft facility?
Explain the term bank overdraft.
The advantage of having a bank account is that it ______.
Overdraft facility is usually availed by ______.
Compare the rate of interest given to such an account to that of a Current Account and a Fixed Deposit.
Which of the following is a function of a commercial bank? Give a reason to support your answer:
Explain three important functions of a commercial bank.
Explain three ways by which commercial banks advance loans to the public.
