A kind of deposit where depositor is required to deposit a fixed amount at regular interval for a specific period is
A) term deposit
B) recurring deposit
C) savings deposit
D) fixed deposit
Correct Answer:
Verified
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
Q11: Overdraft facility can be enjoyed in which
Q12: Overdraft withdrawal is a
A)Short term loan
B)Medium term
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
Q17: The banker customer relationship in credit card
Q18: The credit policy of bank does not
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