Charan opens a savings bank account on `6-3-2007` depositing Rs. 750 in Union Bank of India. He deposit Rs.1000 on `15-3-2007` and withdraws Rs. 500 on 23rd March. The sum on which he will earn interest for the month of March is `"_________".`
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i. A slip is used for depositing cash and cheque in the Bank account. ii. Permission to withdraw excess amount from Current Account.
i. Pay-in-slip ii. Overdraft iii. Cash credit iv. Overdraft v. Current Account vi. Stop payment request vii. Fixed Deposit Account viii. Withdrawal Slip ix. Bill of exchange
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i. Joint Stock Company opens Current Account. ii. Generally, no interest is paid by the bank on the Current Account.
i. True ii. True iii. True iv. False v. False vi. False vii. True viii. True ix. False x. False
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i. Saving Deposit, Recurring Deposit, Cash Credit. Fixed Deposit ii. Overdraft, Fixed Deposit, Discounting of Bills, Cash Credit
i. Cash Credit ii. Fixed Deposit
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Distinguish between the following: Fixed Deposit Account and Recurring Deposit Account.
2 Answers
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A person opens an account with ₹ 50 and starts depositing every day double the amount he has deposited on the previous day. Then find the amount he ha
Correct Answer - ₹ 25600
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Farhan opens a savings bank account on `5-5-2007` in UTI Bank by depositing Rs.1000. The interest paid by the band, if the closed her account on `4-1-
Correct Answer - Rs. 40.
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Bhavya opened a saving bank account in a bank on `7-7-2007` with a deposit of Rs.500 since then the neither deposited nor withdraw any amount. The amo
Correct Answer - Rs. 1500
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Anil opened a saving bank account with a bank on `12-3-2006` with an initial deposit of Rs.1000. He withdrew Rs.300 on `18-3-2006.` the amount, on whi
Correct Answer - Rs. 0
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Himesh opened a saving bank account with a bank on `3-6-2007` with Rs. 500. His transactions during june and July were as follows: `{:(,"Deposited Rs.
Correct Answer - Rs. 700, Rs. 1350 and Rs. 1850
2 Answers 1 views
Thsuhar opens a recurring deposit account with a bank and deposits Rs. 500 per month for `1(1)/(2)` years. If he receives Rs. 570 as interest, then fi
Correct Answer - `8%` per annum
2 Answers 1 views