menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Information Technology
  3. Study Set
    Banking and Insurance
  4. Exam
    Exam 11: Banking and Finance FAQS
  5. Question
    There Is No Interest on Deposit in This Type of Account
Solved

There Is No Interest on Deposit in This Type of Account

Question 5

Question 5

Multiple Choice

There is no interest on deposit in this type of account


A) Current A/c
B) Concurrent A/c
C) Recurring A/c
D) Solvency A/c

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: What types of deposits earn higher interest

Q2: Different types of advances are<br>A)Loans, cash credit

Q3: The banker customer relationship in credit card

Q4: Overdraft facilities are allowed in<br>A)Current account only<br>B)Savings

Q6: When the customer borrows money from the

Q7: In recurring deposits,<br>A)a fixed sum is deposited

Q8: Which one of the following is the

Q9: Which one of this is not a

Q10: Which bank deals with short-term credit<br>A)Agricultural B<br>B)Commercial

Q11: Interest on saving deposits is paid<br>A)every month<br>B)quarterly<br>C)half

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines