BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who amongst the following cannot open an account in any bank in India?
A
One who is not earning regularly
B
A housewife
C
A student of 10th Standard
D
A farmer who owns a small piece of land
Explanation: 

Detailed explanation-1: -Political parties These Institutions / Organisations are specifically excluded from opening SB Accounts with Banks and earn interest thereon and hence branches are prohibited from opening such Accounts. 3.

Detailed explanation-2: -Opening a student account is similar to opening a regular bank account, except that it requires a little more identification-namely, proof of school enrollment. Whether applying online or in person, expect to provide some or all of this information: Valid student ID with a photo. School transcript.

Detailed explanation-3: -Joint Accounts: Joint accounts of two illiterate persons normally not allowed.

There is 1 question to complete.