How many types of banking accounts? tell me about that
Answers were Sorted based on User's Feedback
Answer / b.kamchi
kindly define Nostro and vostro accounts. and how corporal
account can be made,pliz share its procedures.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / arvind kumar
there are only three kind of banking account
1. cheking account which is called current account
2. saving account
3. money market account
4. certificate of diposit which known as fixed deposit
| Is This Answer Correct ? | 17 Yes | 17 No |
Answer / rashid
Current Account,Savings Account
Recurring Account,Fixed Deposit
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / arshiya
There are mostly 3 types of accounts:
1.saving bank account.
2.current bank account.
3.recurring bank account.
| Is This Answer Correct ? | 12 Yes | 13 No |
Answer / radhe shyam
There are 6 types of Accounts
1 Current Account
2 Fixed Account
3 Saving Acccount
4 Recurring or Commulative Account
5 Flexi/ Hibride or 2 in 1 Account
6 Insurance Bank Account
other All Accounts is the Part of Above Account
| Is This Answer Correct ? | 9 Yes | 12 No |
Answer / neeru barthwal
one is fixed second is saving third is current fourth is
recurring
| Is This Answer Correct ? | 27 Yes | 31 No |
Answer / ali
two types
1 recurring
2 saving
I gave this answer b'coz i have studied only 2 types
| Is This Answer Correct ? | 8 Yes | 15 No |
Answer / anita baliarsingh
Generally there are 3 types of account.
1. Current Account: No interest
2. Saving Account: Small interest
3. 2 in 1 Account: Absolute Liquidity & higher rate of
interest
The 2 in 1 Account is used in some banks.
| Is This Answer Correct ? | 24 Yes | 42 No |
Answer / naparajesh
Savings bank, current, fixed deposit, escrew, nRi external,
FCNR, vastro, Nastro account
| Is This Answer Correct ? | 22 Yes | 59 No |
Answer / rajesh
Savings deposit
Current deposit or current a/c
Recurring deposit or a/c
open cash credit account
foreign curreny non resident a/c
escrew a/c
| Is This Answer Correct ? | 78 Yes | 123 No |
Traditional clasifications of accounts
Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER
For eg, u have order 100 goods and u got only 80 goods, and u got invoiced for 80 goods only, what u will do in this?
Short Answer on __________Measurement
what is the diff between reversal and cancellation entries?
EXPAND___________KPO
1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?
Is depreciation a expense or income?
WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.
What is Fringe benifits tax?
EXPAND_________SFIO
How many types of routing?