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GENERAL KNOWLEDGE
With a view to facilitate payment of bal...

With a view to facilitate payment of balance in the deposit account to
the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country

A

Will

B

Registration

C

Nomination

D

Indemnity

Text Solution

Verified by Experts

The correct Answer is:
C
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  2. Which of the following types of accounts are known as 'Demat Accounts'...

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

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  4. The ministry of Finance recently released a comprehensive paper on Gov...

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  5. Which one of the following is not a 'Money Market Instrument'?

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  6. Base Rate is the rate below which no Bank can allow their lending to a...

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  7. Finance Ministry has asked the Reserve Bank of India to allow common A...

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  8. Interest below which a bank is not expected to lend to customers is kn...

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  9. With effect from July 1, 2012, for calculation of lending rates, the R...

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  10. The seed capital of Bhartiya Mahila Bank is

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  11. What is the full form of EFT?

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  12. How RBI measured to liquidate the market?

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  13. Cheque truncation can be done by?

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  14. Which account will not come under RBI's limitation of ATM Transaction?

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  15. What is the alphanumeric code on cheques called?

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  16. The most powerful tool used by the Reserve Bank of India to control in...

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  17. Which of the following assets can be mortgaged?

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  18. 'Base Rate' in banks is

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  19. A saving bank deposit account is one where

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  20. The most powerful tool used by the Reserve Bank of India to control in...

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