When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as:

Related MCQs

• ----------------- insurance policy pay the assured sum on maturity of the policy or on the death of the insured whichever is ealier
• The process of …………. begins with banks lending money out of primary deposit.
• ------bank can accept deposit only ,but cannot lend .
• ------- banks accept deposits but customer balance should not exceed Rs.1 lakh
• When a deposit of money is received by the banker , the banker becomes the …………?
• When a deposit of money is received by the banker , the customer becomes the …………..?
• ----- are norms for banks aimed at mitigating the risk and strengthening the capital structure of the banks of member countries.
• Writing off the policy before its actual maturity is known as ----
• What is the share of Sponsor Banks in the Regional Rural Banks?
• What is the share of Sponsor Banks in the Regional Rural Banks?