Advertisements
Advertisements
Question
Select the correct answer from the options given below and rewrite the statement.
__________ account is suitable to salaried people.
Options
Savings
Current
Fixed
Solution
Savings account is suitable to salaried people.
APPEARS IN
RELATED QUESTIONS
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.
A company usually opens _____________ account in a bank.
Select the correct answer from the options given below and rewrite the statement.
Generally Interest is not paid on ___________ deposit account
State whether the following statement is true or false :
In cash credit, customers account is credited by bank with sanctioned amount
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.
Complete the sentence:
A financial institution which receives deposits and lends money is called as __________
Complete the sentence:
A facility under which a customer can overdraw money from his account is called as ___________.
Select the correct option from below
Group ‘A’ | Group ‘B’ |
________________ | Current Account |
Attempt the following:
Write a letter to the bank to stop payment of cheque.
Explain the different types of deposits
Explain the following term/concept:
Stop payment of cheque
Explain the following term/concept:
Discounting of Bills
Explain the following term/concept:
Current deposits
Explain the following term/concept:
Demand Deposits
Correct the underlined word and rewrite the following sentence:
Under Cash Credit facility businessman /Accountholder can overdraw from his account.
Correct the underlined word and rewrite the following sentence:
Businessman opens Fixed Deposit Account.