Related InterviewSolutions

• Kamal deposits Rs 550 per month in a recurring deposit account for `1(1)/(2)` year at `8%` per annum. Find the interest that kamal will receive at the time of maturity.A. Rs. 550B. Rs. 627C. Rs. 230D. Rs. 346
• Prabhu deposits Rs. 600 per month in a recurring deposit account for 1 year at `8%` per annum. Find the interest received by Prabhu.A. Rs. 424B. Rs. 312C. Rs. 360D. Rs. 450
• Thsuhar opens a recurring deposit account with a bank and deposits Rs. 500 per month for `1(1)/(2)` years. If he receives Rs. 570 as interest, then find the rate of interest offered by the bank.
• Subhash makes a fixedA. Rs. 65,010B. Rs. 11,810C. Rs. 62,310D. Rs. 12,100
• Himesh opened a saving bank account with a bank on `3-6-2007` with Rs. 500. His transactions during june and July were as follows: `{:(,"Deposited Rs. 500 on 8-6-2007."),(,"Withdrew Rs. 300 on 11-6-2007."),(,"Deposited Rs.500 on 13-6-2007."),(,"Withdrew Rs.350 on 29-6-2007"),(,"Deposited Rs.500 on 3-7-2007."),(,"Diposited Rs. 500 on 12-7-2007."):}`
• A Bank is a ……… (a) Financial institution (b) Corporate (c) An Industry (d) Service institutions
• The State Financial Corporation Act was passed by ………… (a) Government of India (b) Government of Tamilnadu (c) Government of Union Territories (d) Local Government.
• Write the meaning of Open market operations?
• Monetary policy is formulated by …………(a) Co – operative banks (b) Commercial banks (c) Central Bank(d) Foreign banks
• Which of the following is correctly matched.(a) CRR – Current Reserve Ratio (b) Saving deposits – Cheque facilities (c) Bank rate policy – High interest (d) Adviser to government – SBI