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Question
Match the following:
| 1 | Savings account | P | For a fixed time period |
| 2 | Current account | Q | Deposited at an equal time period |
| 3 | Recurring account | R | No interest is paid |
| 4 | Fixed deposit | S | Nominal restriction in no. of withdrawals |
Options
1(S) 2(R) 3(Q) 4(P)
1(S) 2(P) 3(Q) 4(R)
1(Q) 2(S) 3(R) 4(P)
1(P) 2(R) 3(S) 4(Q)
MCQ
Match the Columns
Solution
1(S) 2(R) 3(Q) 4(P)
Explanation:
| 1 | Savings account | S | Nominal restriction in no. of withdrawals |
| 2 | Current account | R | No interest is paid |
| 3 | Recurring account | Q | Deposited at an equal time period |
| 4 | Fixed deposit | P | For a fixed time period |
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Commercial Banks: Functions
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