Multiple Choice
Interest on fixed deposit is compounded-------------.
A) Monthly
B) Half yearly
C) Quarterly
D) Yearly basis
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Banks maintain customer's a/c both for -----------
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