Functions of banking

Savings Account can be opened by a minor

• Yes

• No

Primary function of bank is ----------------------------------------------and -------------------------------------

(a)  

Current account can be opened by

• Individual

• Women

• Businessman

• Senior citizen

Current account holders can draw more than his credit balance, is known as

• Withdraw

• Overdraft

• Encash

• Endoresement

Full form of FDR --------------------------

(a)  

What is clean loan ?

• The loan documents are very clear

• The loan given in a clean place

• The loan given without any security

When loans are granted against the security of the borrower, such loan is said as----------------

(a)  

In mortgage, the loan is granted against

• Movable property

• Vehicles

• Immovable property

Full form of ATM

• Any time money

• All time Money

• Automatic Taking machine

• Automatic teller machine

Green cards are given to

• NRI

• Businessmam

• Farmers

• Politicians