Question
What type of banking transaction allows a customer to
temporarily invest their money with the bank in exchange for higher interest rates, but with limited access to the funds?Solution
A Certificate of Deposit (CD) is a time deposit that offers higher interest rates in exchange for locking in funds for a specified period.
Two rare species of butterflies were recently found during a survey conducted by the Forest Department in which Wildlife Sanctuary?
Google DeepMind’s Morni AI project will cover how many Indic languages?
The Department of Commerce recently extended the Interest Equalisation Scheme for pre- and post-shipment rupee export credit for MSME exporters until Au...
Which village in Maharashtra has become the first carbon-neutral panchayat in India?
In which book of Kalidas has the Himalayas been described as “Aushadhi Prastha”?
Which of the following are the characteristics of Tropical Deciduous Forests:
1. The most widespread in India
2. Density of these forests ...
International Yoga Day is celebrated every year on June 21st, what was the theme for 2023 International Yoga Day?
Where are the headquarters of the Food and Agriculture Organization (FAO)?
Who is known for developing the first successful incandescent light bulb?
How many nursing professionals received the National Florence Nightingale Awards in 2024?
