Question
Which of the following statements are True about various
types of Deposits? I- Demand deposits can be withdrawn at the wish of the depositor as they don’t carry any term. II- Time deposits usually carry higher rate of interest as they are locked in for a stipulated period. III- Demand deposits are shown on the liability side of Bank’s balance sheet whereas Time deposits are shows as Assets.Solution
A time deposit is a fixed-term investment that includes the deposit of money into an account at a financial institution. Time deposit investments usually carry short-term maturities ranging from one month to a few years and will have varying levels of required minimum deposits. All kinds of deposits are liabilities for the bank.
Find the wrong number in the given number series.
1900, 1171, 669, 316, 100, - 25
6, -3, 11, 21, 125, 715
32, 41, 66, 115, 236, 415
The series given below contains a sequence of numbers.
Accordingly identify the incorrect number.
9, 14, 24, 38, 59
Find the wrong number in the given number series.
138, 417, 741, 1102, 1502, 1943
- Find the wrong number in the given number series.
2, 10, 12, 36, 38, 34 Find the wrong number in the given number series.
125, 129, 120, 136, 121, 147
2, 6, 14, 30, 134, 614
12, 18, 14, 17, 16, 15, 18, 15
96, 480, 120, 360, 150, 750
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