Overdraft facility can be enjoyed in which account
A) Fixed Deposit A/c
B) Demand Deposit A/c
C) Recurring Deposit A/c
D) Current A/c Deposit
Correct Answer:
Verified
Q6: Maximum amount of interest can be procured
Q7: There is no interest on deposit in
Q8: IDBI stand for
A)International Debit Bank Incorporate
B)Industrial Debit
Q9: When a customer Deposits money with a
Q10: When the customer borrows money from the
Q12: Overdraft withdrawal is a
A)Short term loan
B)Medium term
Q13: A kind of deposit where depositor is
Q14: What types of deposits earn higher interest
Q15: In recurring deposits,
A)a fixed sum is deposited
Q16: Interest on saving deposits is paid
A)every month
B)quarterly
C)half
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