Banking Quiz-5

When a joint account is operated by any one of the holder independently, mode of operation of the account is

In commercial banking, who takes the risk while giving the loan?

In banking, IFSC stands for ________.

In the general form of partnership, liabilities of partners are:

Banks generally don’t pay interest on money deposited in ______.

_______ is the person who will get the balance in the account in case of death of the single account holder.

_______ are NOT a part of the scheduled banking structure in India.

The "in-principle" license is valid for _____ within which the entities must fulfill the requirements.

On 1 July 1955, _____ became the State Bank of India.

Name the term which is used for a type of saving deposit account in which amount of deposit in excess of particular limit gets automatically transferred into fixed deposit.