BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Current Accounts are mainly opened by
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Professionals
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Agriculturalist
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Salaried class people
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Trading and industrial concern
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Explanation:
Detailed explanation-1: -Current account is mainly opened for businessmen such as proprietors, partnership firms, public and private companies, trust, association of persons, etc. that has a large number of daily banking transactions, i.e. receipts and/or payments.
Detailed explanation-2: -Explanation: An ante-dated cheque is one which bears a date earlier than the date of issue.
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