The bank account on which deposits do not earn interest, but can be with drawn by cheque at any time is called:

Related MCQs

• The account with a bank or other financial institution in which deposits earn interest and withdraws from which require notice is referred to as:
• Privately owned banks operating cheque current accounts, receiving deposits, taking in and paying out notes and coins and making loans are generally called
• Bank deposits that can be withdrawn without notice are called -
• Any factor of production can earn economic-rent, when its supply will be -
• The people live below the poverty line earn less then:
• The permission given to a bank customer to draw cheques in excess of his current account balance is called -
• What is the business of accepting deposits and lending money called?
• A loan bearing either no rate of interest or an interest rate which is below the true cost of capital lent is known as:
• The interest due by applying the rate to the sum of the capital invested plus the interest previously earned and reinvested is referred to as
• Bank Rate refers to the interest rate at which -