Explain the difference between inactive account and dormant
account?
Answer Posted / y k gupta
In banking parlance, in case of saving account, an account
is dormant if it is not operated for a period of 1 year and
will become inoperative if it is not operated for 2 years
(inclusive of 1 dormant year). In case of current account,
it is 6 month + 6 months
Is This Answer Correct ? | 33 Yes | 23 No |
Post New Answer View All Answers
Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
which kind of expenses or Income will come under direct expenses or Income ?
what is the process of excise duty?
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Why do you want to work with us
how i got knowledge about custom and excise i want rate list of custome and excise how we summit return of custom and excise , Is it include with ser. tax
Expand---------ODMT
income from depreciated asset is profit or loss?
what are valuation accounts?
Expand SCERT
why do we charge the depreciation
Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .
why specifically inited states ?
What is mamimum rate of CST applicable on Plastic Doors in NOIDA?
What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?