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Recent questions and answers in Banking
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Define promissory notes. How is it different from a bill of exchange?
answered
Oct 24, 2022
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Banking
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Haren
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0
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M needs a loan from a bank but he doesn’t have any mortgage to keep with the bank and nor does he have any person to guarantee him.
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Oct 24, 2022
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Banking
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Haren
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Yash opened a new account with SBI. And also got the form filled for getting his internet facility attached to account.
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Oct 24, 2022
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Banking
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Haren
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While updating the passbook of Mr. A, the bank officer pointed that he had a handsome amount of money lying in his bank account.
answered
Oct 24, 2022
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Banking
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Haren
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305k
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What is a cheque?
answered
Oct 23, 2022
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Banking
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Haren
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305k
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Mr. S. is a factory-owner and he pays wages to his workers within first 10 days of every month
answered
Oct 23, 2022
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Banking
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Haren
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305k
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What is the concept of demand draft? Why it is preferred over cheque?
answered
Oct 23, 2022
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Banking
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Haren
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305k
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0
votes
1
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Why do banks insist on financial Collateral while assigning locker?
answered
Oct 23, 2022
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Banking
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Haren
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305k
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0
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1
answer
State any two features of money back policy.
answered
Oct 23, 2022
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Banking
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Haren
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305k
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0
votes
1
answer
What is fire insurance?
answered
Oct 23, 2022
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Banking
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Haren
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305k
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1
answer
Life Insurance is an effective tool of saving, but it does not ensure financial security to _________.
answered
Oct 22, 2022
in
Banking
by
Haren
(
305k
points)
0
votes
1
answer
In a ‘Term plan’ the insured is paid only if ______ occurs during the term of the policy.
answered
Oct 22, 2022
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Banking
by
Haren
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305k
points)
0
votes
1
answer
Burglary and theft insurance covers all losses except
answered
Oct 22, 2022
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Banking
by
Haren
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305k
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0
votes
1
answer
Name the policy that is taken on the life of the parent/child for the benefit of the child.
answered
Oct 22, 2022
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Banking
by
Haren
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305k
points)
0
votes
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The maximum amount of which the insured can _______ as compensation is agreed at the time of contract.
answered
Oct 22, 2022
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Banking
by
Haren
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305k
points)
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votes
1
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A ______ cover helps in reducing the burden of medical bills and expenditure.
answered
Oct 22, 2022
in
Banking
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Haren
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305k
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0
votes
1
answer
Internet banking cannot be used for
answered
Oct 22, 2022
in
Banking
by
Haren
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305k
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0
votes
1
answer
How do we get OTP for internet transactions?
answered
Oct 22, 2022
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Banking
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Haren
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305k
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0
votes
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answer
In order to rent a safe deposit vault one must have _____ with a particular Bank.
answered
Oct 22, 2022
in
Banking
by
Haren
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305k
points)
0
votes
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________ is a financial cover for a contingency or risk linked with human life.
answered
Oct 22, 2022
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Banking
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Haren
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305k
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