Multiple Choice
Banks maintain customer's a/c both for ----------- and -------------.
A) Loan and payment
B) Deposits and loans
C) Loans and interest
D) None of these
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Interest on fixed deposit is compounded-------------.<br>A)Monthly<br>B)Half yearly<br>C)Quarterly<br>D)Yearly
Q3: If a cheque is torn into two
Q4: The minimum period for which a commercial
Q5: A cheque is-------------------.<br>A)Instrument<br>B)Negotiable instrument<br>C)Transferred instrument<br>D)None of these
Q6: -----------cheque cannot be transferred from one person
Q7: As per the Act Negotiable instrument means--------<br>A)Document<br>B)Transferred
Q8: The minimum investment of recurring deposit varies---------.<br>A)10000<br>B)1000<br>C)100<br>D)25000
Q9: ------------ is an anti money laundering measure
Q10: A fixed deposit is meant for those
Q11: ----------lender of last resort.<br>A)Central Bank<br>B)Scheduled Bank<br>C)Commercial Bank<br>D)None