Challenger App

No.1 PSC Learning App

★
★
★
★
★
1M+ Downloads
An account usually maintained by a businessman in a bank is

ACall deposit account

BS.B. deposit account

CCurrent deposit account

DRecurring deposit

Answer:

C. Current deposit account

Read Explanation:

Businessmen use current accounts for frequent transactions, unlike savings accounts which are for personal use.


Related Questions:

Endorsement warns the endorsee that the endorser is an agent with limited authority.
----------- stands for providing various services relating to capital market and finance to corporate .
Repo rate is always Reverse Repo rate
.........is a cheque clearance system that involves the digitalization of a physical paper cheque into a substitute electronic form for transmission to the paying bank is called
As per the latest guidelines, a savings or a current account is classified as 'inoperative' or 'dormant' if there are no transactions in the account for over a period of.............. years