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प्रश्न
Write a word or phrase or a term which can substitute each one of the following:
The account suitable for salaried people.
उत्तर
The account suitable for salaried people - Savings account
Explanation:
Salaried people have a fixed income; therefore, they want to save a part of their income to secure their future. They deposit their income in the savings accounts to earn interest on their savings.
Thus, we can say that a savings account is suitable for salaried people.
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संबंधित प्रश्न
State the advantages of Road Transport.
Write Short Note on the following:
Role of transport
Select the proper option from the options given below and rewrite the completed sentence.
Insurable interest must exist in ________.
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. |
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 bank, which is known as banker's bank.
Write a word or phrase or a term which can substitute the following:
The type of insurance where the principle of indemnity is not applicable
Write a word or phrase or a term which can substitute the following:
The policy under which cargo is insured for a specific period & voyage.
Distinguish between the following:
Road transport & Rail transport
Write Short Note on the following:
Types of life insurance policies
Write Short Note on the following:
Types of fire insurance policies
Write Short Note on the following:
Air transport
Write Short Note on the following:
Water transport
State with Reasons whether the following statement is TRUE or FALSE.
Water transport is the costliest means of transport available.
Answer the following question in short:
What are the agency functions of banks?
Answer the following question in short:
What is e-banking?
Answer the following question:
Describe the role of transport in modern times.