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प्रश्न
Write a word or a term or a phase which can substitute the following statement:
The account which is generally opened by business organization.
उत्तर
Current account
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:
Permission to withdraw excess amount from Current Account.
Select the correct answer from the options given below and rewrite the statement.
Withdrawals are not permitted from the ____________ deposit 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 |
Find the odd one:
Complete the sentence:
Accepting deposits and lending money are the primary functions of ______
Complete the sentence:
A financial institution which receives deposits and lends money is called as __________
Complete the sentence:
Overdraft facility is given to __________.
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| International Trade Transactions | __________ |
Justify the following statement:
The bank accept two types of deposits from the public i.e. demand and time deposit?
Distinguish between the following:
Loan and overdraft
Distinguish between the following:
Current account and saving account:
Explain the following term/concept:
Discounting of Bills
Explain the following term/concept:
Recurring deposits
Explain the following term/concept:
Time Deposits.
Explain the following term/concept:
Demand Deposits
Correct the underlined word and rewrite the following sentence:
Accepting deposits is the secondary function of Banks.
Write the meaning of ‘Bank.’
Choose the Correct Answer.
The Local Area Banks are promoting ______
