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प्रश्न
Write a word or phrase or a term which can substitute the following:
Overdraft facility is given to a certain definite account holder.
उत्तर
Overdraft facility is given to a certain definite account holder. - Current account holder
Explanation:
Overdraft facility is provided to current account holders. According to this facility, a current account holder can withdraw amount more than what he/she has in his/her account but interest is charged over the amount overdrawn.
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संबंधित प्रश्न
Write Short Note on the following:
Role of transport
Road Transport V/s Rail Transport
Principle of indemnity is not applicable to ______.
Select the proper option from the options given below and rewrite the completed sentence.
The costliest means of transport is ________.
Select the proper option from the options given below and rewrite the completed sentence.
Road transport is suitable for ________ distance.
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 holder enjoys the privileges of any number of withdrawals.
Write a word or phrase or a term which can substitute the following:
A device through which calls and messages can be sent and received
Distinguish between the following:
Cheque & Bank Overdraft
Distinguish between the following:
Road transport & Rail transport
Write Short Note on the following:
Types of fire insurance policies
Write Short Note on the following:
Air transport
State with Reasons whether the following statement is TRUE or FALSE.
Insured must have insurable interest in the subject matter at the time of taking the policy.
State with Reasons whether the following statement is TRUE or FALSE.
An individual must always tries to minimise the loss by fire as far as possible.
State with Reasons whether the following statement is TRUE or FALSE.
Air transport is suitable for short distances.
Answer the following question in short:
What is e-banking?
Answer the following question:
Describe the role of transport in modern times.
