A)State Bank of India is the sole authority to issue and manage currency in India. B)A nationalised bank is the sole authority to issue and manage currency in India. C)A cooperative bank is the sole authority to issue and manage currency in India. D)RBI is the sole authority to issue and manage currency in India.
A)Savings bank accounts and current accounts B)Both savings bank accounts and fixed deposit accounts C)Both savings bank accounts and loan accounts D)Both current accounts and fixed deposit accounts
A)Normally no interest is paid on current deposit accounts. B)No interest is paid on any deposit by the bank. C)Savings deposits are the same as current deposits. D)Interest is paid on current accounts at the same rate as term deposit accounts.
A)Current accounts, electricity accounts and insurance premium accounts B)Current accounts, post office savings bank accounts and term deposit accounts C)Current accounts, savings bank accounts and term deposit accounts D)Loan accounts, savings bank accounts and term deposit accounts
A)repayable after an agreed period. B)repayable on demand. C)not repayable. D)repayable after death of depositors.
A)Only (A) B)Only (B) C)Only (C) D)All (A), (B) and (C)
A)payment of the cheque B)drawing of the cheque C)cancelling of the cheque D)dishonour of the cheque