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प्रश्न
Match the correct pairs:
| Group “A” | Group “B” | ||
| a. | RBI | 1 | Recurring deposit account |
| b. | Overdraft | 2 | 12 hours service |
| c. | Saving account | 3 | Withdrawals after fixed period of time |
| d. | ATM | 4 | Central Bank |
| e. | Fixed deposit account |
5 | Current Account |
| 6 | Salaried people | ||
| 7 | 24 hours service | ||
| 8 | Commercial bank | ||
| 9 | Cash credit | ||
| 10 | Withdrawal before fixed period of time. |
उत्तर
| Group “A” | Group “B” | ||
| a. | RBI | 4 | Central Bank |
| b. | Overdraft | 5 | Current Account |
| c. | Saving account | 6 | Salaried people |
| d. | ATM | 7 | 24 hours service |
| e. | Fixed deposit account |
10 | Withdrawal after a fixed period of time |
* In the book, for part (e), there is a mistake in the item 10. enlisted in Group B. It cannot be 'withdrawal before'. Indeed, it should
be withdrawal after.
a) The Reserve Bank of India (RBI) is the central bank of India. It is the apex bank that supervises the monetary and banking
system of India. It is responsible for maintaining the economic stability of the country. It prints notes and lays down rules and
regulations for commercial banks.
b) Overdraft facility is given to current account holders. It is a temporary arrangement whereby a customer is allowed to
withdraw amount more than that prevailing in his/her account. For the overdraft facility, the bank charges interest on the amount
overdrawn.
c) Savings accounts are basically meant for people who have fixed incomes (like salaried people). This type of account
encourages the habit of saving among people.
d) An automatic teller machine (ATM) is an electronic machine that offers convenience to customers, as they can deposit or
withdraw money from their accounts anytime without having the need to visit the branch of the bank. ATMs provides 24×7
service facility.
e) A fixed deposit account is an account in which deposits are kept for a fixed period of time. Also, deposits cannot be
withdrawn from this account before maturity. More the time period, greater is the interest rate earned. The rate of interest is
decided by the RBI.
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संबंधित प्रश्न
In India railways are owned and managed by......................................
- Private companies
- Government
- Individuals
Write Short Note on the following:
Role of transport
Road Transport V/s Rail Transport
Principle of indemnity is not applicable to ______.
Select the proper option from the options given below and rewrite the completed sentence.
The costliest means of transport is ________.
Match the correct pairs :
| Group “A” | Group “B” | ||
| a. | Life Insurance | 1 | Claim made by insured |
| b. | Mitigation of loss | 2 | Perishable goods |
| c. | Premium | 3 | Insurable interest |
| d. | Cold storage | 4 | Maximum loss |
| e. | Warehousing | 5 | Transfer of goods from one place to other |
| 6 | To minimise the loss | ||
| 7 | Imported goods | ||
| 8 | Principle of indemnity | ||
| 9 | Storage of goods | ||
| 10 | Payment made by policy holder |
Write a word or phrase or a term which can substitute the following:
An account where fixed amount is kept for a specific period.
Write a word or phrase or a term which can substitute the following:
A device through which calls and messages can be sent and received
Write a word or phrase or a term which can substitute the following:
An electronic letter through which the messages can be exchanged on the computer.
Distinguish between the following:
Road transport & Rail transport
Distinguish between the following:
Rail Transport & Air Transport
Write Short Note on the following:
Rail transport
State with Reasons whether the following statement is TRUE or FALSE.
E –payment facility is not available to general public.
State with Reasons whether the following statement is TRUE or FALSE.
Air transport is suitable for short distances.
State with Reasons whether the following statement is TRUE or FALSE.
Transport helps in raising standard of living.
Answer the following question:
Describe the role of transport in modern times.
State with reasons whether the following statement is True or False.
Transport is useful in raising standard of living.
