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प्रश्न
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| Overdraft | __________ |
पर्याय
Accepting Deposits
Current Account
Letter of Credit
Businessman
उत्तर
| Group ‘A’ | Group ‘B’ |
| Overdraft | Current account |
APPEARS IN
संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
Bank is a _______ institution
Select the correct answer from the options given below and rewrite the statement.
Resolution for opening Bank Account is passed in the _________ meeting.
Select the correct answer from the options given below and rewrite the statement.
__________ is used for depositing cash into a bank account.
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 |
Write a word or a term or a phase which can substitute the following statement:
The type of account for which higher rate of interest is paid to bank depositors..
Write a word or a term or a phase which can substitute the following statement:
Negotiable Instrument which can be discounted with the bank.
State whether the following statement is true or false :
Generally no interest is paid by bank on Current Account.
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 :
Banks grant long term loans only.
Complete the sentence:
Accepting deposits and lending money are the primary functions of ______
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| Primary Function | __________ |
Attempt the following:
Write a letter to bank for opening a current account
Justify the following statement:
The bank accept two types of deposits from the public i.e. demand and time deposit?
Distinguish between the following:
Fixed deposit account and recurring deposit account
Explain the following term/concept:
Cash Credit.
Correct the underlined word and rewrite the following sentence:
Under Cash Credit facility businessman /Accountholder can overdraw from his account.
Correct the underlined word and rewrite the following sentence:
Businessman opens Fixed Deposit Account.
Explain the following term/concept:
Fixed deposits
