ExamVeda
Login
Home

When banks accept a fixed sum of money from an individual...

This question belongs to Banking Awareness Banking Awareness Miscellaneous
Banking Awareness miscellaneous
?

When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as

Answer & Solution
Correct Answer: Option A
Let's discuss the solution. Join the discussion
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Banking Awareness miscellaneous

Section 9 of the Banking Regulation Act prohibits the banking Companies from holding any immovable property except for its own use for a period of not more property. The RBI may extend this period for a further period of ______:
A. 2 years B. 4 years C. 5 years D. 6 years
Which of the following stock exchange is derecognized by SEBI on 19.11.2014 on the allegations of serious irregularities in its functioning?
A. Bombay Stock Exchange B. Delhi Stock Exchange C. Calcutta Stock Exchange D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance B. Crop Insurance C. Fire Insurance D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve B. Long-term liabilities C. Current liabilities D. All of the above
More Related Questions on Banking Awareness miscellaneous