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प्रश्न
State whether the following statement is true or false :
Bank account of company is operated by shareholder.
पर्याय
True
False
उत्तर
False
APPEARS IN
संबंधित प्रश्न
Write a word or a term or a phase which can substitute the following statement:
Permission to withdraw excess amount from Current Account.
Write a word or a term or a phase which can substitute the following statement:
Separate loan account under which the short term loan facility given by bank to the business
Write a word or a term or a phase which can substitute the following statement:
The account which is generally opened by business organization.
Select the correct answer from the options given below and rewrite the statement.
Bank is a _______ institution
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 :
Board resolution is not required to open the Current Account with the bank.
State whether the following statement is true or false :
Bank correspondence should be brief and to the point.
Complete the sentence:
A financial institution which receives deposits and lends money is called as __________
Complete the sentence:
Overdraft facility is given to __________.
Answer in one sentence:
Which facility is given to Current Account holder?
Attempt the following:
Write a letter to bank for opening a current account
Distinguish between the following:
Fixed deposit account and recurring deposit account
Explain the following term/concept:
Letter of Credit
Explain the following term/concept:
Discounting of Bills
Explain the following term/concept:
Current deposits
Explain the following term/concept:
Demand Deposits
Correct the underlined word and rewrite the following sentence:
Under Cash Credit facility businessman /Accountholder can overdraw from his account.