English

Briefly discuss any two features of Current account in a bank.

Advertisements
Advertisements

Question

Briefly discuss any two features of Current account in a bank.

Short/Brief Note
Advertisements

Solution

Two features of current account in a bank are:

  1. Current accounts have large deposit and withdrawal limits, making them excellent for frequent commercial transactions.
  2. Current accounts often do not generate interest due to their high liquidity and ease of use.
shaalaa.com
  Is there an error in this question or solution?
2023-2024 (March) Official

RELATED QUESTIONS

write short note on Consumer Rights


Answer the following question:
Explain briefly any two points of importance of consumer protection from the point of view of the business.


Under which consumer right does a business firm set up consumer grievance cell?


Select the proper option from the options given below and rewrite the complete sentence:
National Commission has ________ members in addition to the president.


What is the importance of consumer protection from the point of view of a business.·


Mayank purchased a pack of chocolates of a renowned brand for his daughter from a shop in the nearby market. After consuming the chocolates, his daughter fell sick. He filed a case with the District forum against the renowned brand. He lost the case because of a mistake that he could not provide proof of purchase. What should be kept in mind by a consumer while purchasing, using and consuming goods and services apart from avoiding the mistake committed by Mayank, in order to enable him/her to achieve the objective of consumer protection? Enumerate any four points.


Briefly describe any two Consumer Aids.


A patient suffering from a high fever was hospitalised for a few days. During the treatment, he was given an injection whichcaused a permanent nerve damage resulting in paralysis. The cost of treatment was ₹2,00,000, which was disputed by the patient's family.

The consumer dispute redressal authority can be approached by the patient's family. Explain any three rights to the consumers.


State any four responsibilities of a consumer.


What is the standardisation mark found on a packet of biscuit?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×