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प्रश्न
Correct the underlined word and rewrite the following sentence.
Overdraft facility is available for savings bank account holders.
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उत्तर
Overdraft facility is available for Current bank account holder.
Explanation:
Current account is operated by business firms and other commercial organizations such as hospitals, educational institutions etc. who have regular banking transactions. In this account there is no restriction on deposits and withdrawals of amounts. No interest is paid by the bank on this account. Overdraft facility is available for this account. For current account, banks provide statement of account every month.
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संबंधित प्रश्न
Distinguish between the following:
Current account & Savings account
Find the odd one.
Find the odd one.
The term bank comes from the French word ______.
_________ banking refers to the use of banking services with the help of mobile phones.
Correct the underlined word and rewrite the following sentence.
The foreign bank is the apex financial institution in the banking industry in the country.
Explain the following term/concept.
Banking
Distinguish between.
Central Bank and Commercial Bank
State four types of deposits.
Explain the utility function of banks?
The word bank comes from French word _______.
Select the correct option.
(no need to carry cash, intangible, fund transfer system, accepting deposits, niche banks in India)
| Group A | Group B |
| A. _____________ | services |
| B. commercial bank | ______________ |
| C. _____________ | Small finance bank |
| D. credit cards | _______________ |
| E. _____________ | RTGS |
What is exchange bank?
Justify the following statement.
Business services are necessary.
