Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?

Related MCQs

• Commercial Bank as the name suggest is a bank functioning for
• -------------is a funds transfer mechanism where account to another bank account is real time.
• Imperial Bank was formed in ________ by the amalgamation of three presidency banks – the Bank of Bengal, the Bank of Bombay, and the Bank of Madras:
• The deposit balances kept by all commercial banks with the central bank are known as---------.
• The minimum period for which a commercial bank can accept term deposit is ----------.
• Which one of this is not a function of commercial bank?
• ------ is the rate at which the central bank rediscounts the bills of commercial banks
• Which bank has given the instructions to the commercial banks regarding the immediate credit of outstation cheque?
• The nationalization of 14 commercial bank was on -----------------------.
• Overdraft is a credit facility granted by commercial bank to------------- holders.