Interest on fixed deposit is compounded-------------.
A) Monthly
B) Half yearly
C) Quarterly
D) Yearly basis
Correct Answer:
Verified
Q6: A fixed deposit is meant for those
Q7: Banks maintain customer's a/c both for -----------
Q8: --------------are running a/c with unlimited operational facilities.
A)Demand
Q9: Current a/c are also called-------------.
A)Savings a/c
B)Time deposit
Q10: The minimum period for which a commercial
Q12: The minimum investment of recurring deposit varies---------.
A)10000
B)1000
C)100
D)25000
Q13: ----------a/c is opened by NRIs in Indian
Q14: ------------ is an anti money laundering measure
Q15: A cheque is-------------------.
A)Instrument
B)Negotiable instrument
C)Transferred instrument
D)None of these
Q16: As per the Act Negotiable instrument means--------
A)Document
B)Transferred
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