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प्रश्न
Complete the sentence:
A facility under which a customer can overdraw money from his account is called as ___________.
उत्तर
A facility under which a customer can overdraw money from his account is called as Overdraft facility
APPEARS IN
संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
A company usually opens _____________ account in a bank.
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 |
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:
A financial institution which receives deposits and lends money 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’ |
| Primary Function | __________ |
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| ________________ | Current Account |
Attempt the following:
Write a letter to bank for opening a current account
Distinguish between the following:
Current account and saving account:
Explain the following terms/concept:
Advances
Explain the following term/concept:
Savings Deposits
Explain the following term/concept:
Demand Deposits
Explain the following term/concept:
Bank
Correct the underlined word and rewrite the following sentence:
Under Cash Credit facility businessman /Accountholder can overdraw from his account.
Write the meaning of ‘Bank.’
Choose the Correct Answer.
The Local Area Banks are promoting ______
