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GENERAL KNOWLEDGE
A Savings Bank Account opened with a com...

A Savings Bank Account opened with a commerical bank with zero balance or very minimam balance is known as

A

Savings Bank Ordinary Account

B

Student Savings Bank Account

C

No frill Account

D

Current Accounts

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Verified by Experts

The correct Answer is:
C
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IBPS & SBI PREVIOUS YEAR PAPER-BANKING STRUCTURE & INSTRUMENT-MCQs
  1. Which of the following instruments cannot be transferred from one pers...

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  2. 'Crossing' applies to which of the following instruments?

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  3. A Savings Bank Account opened with a commerical bank with zero balance...

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  4. In a bank which of the following are the usual types of accounts?

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  5. Crossing of cheques makes them

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  6. If a cheque is postdated, the bank on which it is drawn

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  7. In which of the following accounts is operation by cheques permitted?

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  8. A traveller's cheque is

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  9. If a crossed cheque is presented for payment

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  10. Which of the following is not a salient feature of debit card?

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  11. What is a stale cheque?

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  12. Which of the following is not an electronic banking delivery channel?

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  13. Savings bank accounts are opened by

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  14. What does the letter 'L' stands for in the term LAF commonly used in f...

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  15. Which of the following terms is NOT used in baking/finance?

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  16. A type of fraud where in criminals use an innocent person's details to...

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  17. What does the letter 'L' stands for in the term LAF commonly used in f...

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  18. Bank branches which can undertake foreign exchange business directly a...

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  19. Which of the following types of accounts are known as 'Demat Accounts'...

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  20. With a view to facilitate payment of balance in the deposit account to...

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