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प्रश्न
State whether the following statement is true or false :
Board resolution is not required to open the Current Account with the bank.
पर्याय
True
False
उत्तर
False
APPEARS IN
संबंधित प्रश्न
Write a word or a term or a phase which can substitute the following statement:
A slip used for depositing cash and cheque in the Bank 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
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.
Bank provides overdraft facility to ___________ account holder.
Write a word or a term or a phase which can substitute the following statement:
The slip which is used for withdrawing money from Savings Account.
State whether the following statement is true or false :
Bank account of company is operated by shareholder.
State whether the following statement is true or false :
Banks grant long term loans only.
Find the odd one:
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| Primary Function | __________ |
Answer in one sentence:
What is a Letter of Credit?
Attempt the following:
Write a letter requesting the bank to issue a letter of credit.
Explain the different types of deposits
Distinguish between the following:
Loan and overdraft
Explain the following term/concept:
Recurring deposits
Explain the following term/concept:
Demand Deposits
Explain the following term/concept:
Fixed deposits
Choose the Correct Answer.
Bankers are not only dealers of money but also leaders in ______
Write the meaning of ‘Bank.’
