Question
What is the minimum duration for which a small account
can remain operational after opening without furnishing an Officially Valid Document (OVD)?Solution
Small accounts can remain operational for an initial period of 12 months. This duration can be extended for another 12 months if the account holder furnishes evidence of applying for an OVD during the first 12 months.
More Banking Operations Questions
- Determine the value of following expression:
[{(148 + 32) ÷ 9}% x 1350] + 19 128 ÷ 22 × ? = 15% of 300 ÷ 9
√324 + √576 = ?/ √9
3/7 Of 504 ÷ 12 + 17 = √?
What will come in the place of question mark (?) in the given expression?
28 × 15 + 48% of ? = 780
960 ÷ 12 + 1200 ÷ √144 + ? = 180 * 3
216% of 350 + 273 = ?2 × 21
∛21952 × 44 = ? × 14
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