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Question
Write a word or a term or a phase which can substitute the following statement:
The account which is generally opened by business organization.
Solution
Current account
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Resolution for opening Bank Account is passed in the _________ meeting.
Select the correct answer from the options given below and rewrite the statement.
Generally Interest is not paid on ___________ deposit account
Write a word or a term or a phase which can substitute the following statement:
Negotiable Instrument which can be discounted with the bank.
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 :
Bank overdraft facility is a long term facility.
State whether the following statement is true or false :
Bank correspondence should be brief and to the point.
State whether the following statement is true or false :
It is necessary to instruct the bank to stop payment of a cheque which is lost.
Find the odd one:
Complete the sentence:
A financial institution which receives deposits and lends money is called as __________
Complete the sentence:
Overdraft facility is given to __________.
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| International Trade Transactions | __________ |
Answer in one sentence:
Which facility is given to Current Account holder?
Attempt the following:
Write a letter to the bank to stop payment of cheque.
Justify the following statement:
There is a difference between Loans and Advances given by the Bank.
Justify the following statement:
The bank accept two types of deposits from the public i.e. demand and time deposit?
Distinguish between the following:
Current account and saving account:
Explain the following term/concept:
Cash Credit.
Correct the underlined word and rewrite the following sentence:
Under Cash Credit facility businessman /Accountholder can overdraw from his account.
Choose the Correct Answer.
Bankers are not only dealers of money but also leaders in ______
Choose the Correct Answer.
The Local Area Banks are promoting ______
