BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Current Accounts are mainly opened by
A
Professionals
B
Agriculturalist
C
Salaried class people
D
Trading and industrial concern
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.

There is 1 question to complete.