Interest on savings bank account is now calculated by banks on:- – McqOptions

MCQOPTIONS

1.	Interest on savings bank account is now calculated by banks on:-
A.	minimum balance during the month
B.	minimum balance from 7th to last day of the month
C.	maximum balance during the month
D.	daily product basis
Answer» E.

Discussion

No Comment Found

Related MCQs

The government wants to provide public sector banks "right to the passage". What is the right to the passage?
In case of joint accounts who can stop the payment?
A saving bank account becomes dormant or inoperative if there is no operation in the account for the last:-
If a customer does not get satisfactory responses from the bank regarding his complaint he can approach the banking ombudsman with in how much time?
Where is India's first operational SEZ located?
What is the maximum population limit for a commercial bank branch to be declared as a rural branch?
With reference to banking the 15th day of the month is known as :-
According to banking regulation act RBI can fix SLR up to the limit of:-
The first bank to gain license from RBI for internet banking is:-
The term currency of India refers to:-