Advertisements
Advertisements
प्रश्न
Correct the underlined word and rewrite the following sentence.
Overdraft facility is available for savings bank account holders.
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
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.
Select the correct option and complete the following table.
(RTGS, SIDBI, apex financial institution in banking industry of country, recurring deposit, long term loans)
| Group A | Group B |
| 1 _________ | fund transfer on real-time and gross basis |
| 2. loans to meet long term capital requirements | ________ |
| 3 ____________ | Account operated by salaried and businessmen both. |
| 4. Central bank | _____________ |
| 5 _____________ | Principal financial institution for MSMEs |
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.
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 demand deposits?
What is exchange bank?
Correct the underlined word and rewrite the sentence.
The commercial bank is the apex financial institution in banking industry in the country.
Justify the following statement.
Business services are necessary.
