Advertisements
Advertisements
Question
Select the correct answer from the options given below and rewrite the statement.
Bank provides overdraft facility to ___________ account holder.
Options
Current
Saving
Fixed Deposit
Solution
Bank provides overdraft facility to Current account holder.
APPEARS IN
RELATED QUESTIONS
Write a word or a term or a phase which can substitute the following statement:
Permission to withdraw excess amount from Current Account.
Write a word or a term or a phase which can substitute the following statement:
Separate loan account under which the short term loan facility given by bank to the business
Write a word or a term or a phase which can substitute the following statement:
The account which is generally opened by business organization.
Select the correct answer from the options given below and rewrite the statement.
Bank is a _______ institution
Select the correct answer from the options given below and rewrite the statement.
__________ is used for depositing cash into a bank account.
Select the correct answer from the options given below and rewrite the statement.
Withdrawals are not permitted from the ____________ deposit account.
Select the correct answer from the options given below and rewrite the statement.
__________ account is suitable to salaried people.
State whether the following statement is true or false :
Generally no interest is paid by bank on Current Account.
Complete the sentence:
Accepting deposits and lending money are the primary functions of ______
Select the correct option from below
Group ‘A’ | Group ‘B’ |
Primary Function | __________ |
Answer in one sentence:
What do you mean by stop payment of cheque?
Attempt the following:
Write a letter to the bank to stop payment of cheque.
Attempt the following:
Write a letter to bank for opening a current account
Justify the following statement:
Overdraft facility is given only to current depositors?
Explain the following term/concept:
Discounting of Bills
Explain the following term/concept:
Cash Credit.
Explain the following term/concept:
Demand Deposits
Explain the following term/concept:
Bank