Advertisements
Advertisements
प्रश्न
Distinguish between saving account and current account.
Give one difference between savings account and current account.
उत्तर
| Savings Account | Current Account |
| Interest rates are lower than fixed deposit accounts, but greater than current accounts. | This account cannot earn interest due to high operating costs. |
Notes
Students should refer to the answer according to their questions.
संबंधित प्रश्न
Any ‘five types’ of banks.
A bank which is known as bankers bank.
How is a commercial bank different from a central bank?
State with Reasons whether the following statement is TRUE or FALSE.
Overdraft facility is given to saving account holders.
Explain different types of banks.
Choose the Correct Answer.
Foreign banks are begun their operation since ______
Write a short note on Local Area Banks, Give two examples.
The ______ function of the Central bank involves the settling claims of Commercial banks through a process of book entries.
Distinguish between the Central Bank and the Commercial Bank.
What is a Central Bank?
Which of the following banks regulate the supply of money in the economy?
Which of the following is a Commercial Bank?
The central bank of a country serves as the leader of the banking system and the moneymarket.
It acts as the bankers' bank.
It carries out the country's monetary policy.
______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.
Central bank is owned by the ____ while commercial bank is owned by ______.
Name one development bank.
How do exchange banks help in financing foreign trade?
