2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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According to the Reserve Bank of India (RBI), no limit on cash withdrawals from which type of account
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Salary Account
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Current Account
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Savings Account
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Checking Accounts
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Explanation:
Detailed explanation-1: -A cash withdrawal refers to taking money out of a bank account, usually a checking account, in the form of cash.
Detailed explanation-2: -The current account holders (applicable to Current Accounts which are operational for last three months or more) are allowed to withdraw up to ₹ 50000 in a week.
Detailed explanation-3: -A savings account in a bank allows you to deposit and withdraw money any time you want.
Detailed explanation-4: -In current account, amount can be deposited and withdrawn at any time without giving any notice.
There is 1 question to complete.