Banking Transaction

Banking Transaction
When the cheque is paid by the drawee bank, it is said to be?
Honored
Dishonored
Endorsed
None of them
Author: rikazzz Comment
Banking Transaction
When a certain amount is deposited for a fixed period such as six months, one year or longer, such type of account is?
Current account
Saving bank account
Fixed deposit account
None of them
Author: rikazzz Comment
Banking Transaction
Bank borrow money in the shape of deposits and lends it in various ways; it consider its:
Primary function
General utility function
Agency functions
Secondary function
Author: rikazzz Comment
Banking Transaction
To Keep valuable things and papers in safe custody, is the example of banks :
Primary function
General utility function
Agency functions
Secondary function
Author: rikazzz Comment
Banking Transaction
A customer can withdraw from his account or make payment to various parties by issue of:
Cheques
Overdraft
Pay-in-slip
None of them
Author: rikazzz Comment
Banking Transaction
To finance the importance and export trade of a country is the example of banks:
Primary function
Agency function
General utility function
Secondary function
Author: rikazzz Comment
Banking Transaction
In case, deposits can be made only up to a certain amount and withdrawals are allowed only twice or thrice a week, not exceeding a certain amount is :
Current account
Saving bank account
Fixed deposit account
None of them
Author: rikazzz Comment
Banking Transaction
The customer is allowed to deposit or withdraw money as and when he likes, in case of:
Current account
Saving bank account
Fixed deposit account
None of them
Author: rikazzz Comment
Banking Transaction
Which of the following should be filled up when money is to be deposited in the?
Draft
Cheque
Pay-in-slip
Pay order
Author: rikazzz Comment
Banking Transaction
Hundi exactly like a:
Bank draft
Cheque
Pay-in-slip
None of them
Author: rikazzz Comment

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