aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Accounting and Finance for Bankers - 3 (JAIIB)
  • The money deposited with bank is _______ to bank account ...
Multiple choice

The money deposited with bank is _______ to bank account while money withdrawn from the bank is _______ to bank account.

  1. debited, credited

  2. credited, debited

  3. debited, debited

  4. credited, credited

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Correct Answer: debited, credited

Keep practicing — related questions

  • When money is withdrawn from the bank, the bank ________ the account of the customer.
  • Directions: Fill in the blank with a suitable word. My friend took his first pay to the bank to ___________...
  • A customer deposits some money in his deposit account with the bank but forgets to provide complete particu...
  • The sum of which of the following constitutes Broad Money in India? 1. Currency with the public 2. Demand d...
  • Which of the following statements are correct regarding acceptance of deposits by banks? (a) Banks can refu...
  • X deposited Rs. 20000 in his savings bank account for payment of a cheque to be presented after 20 days. Th...
  • Section ________ of the Banking Regulations Act, 1949 defines banking as accepting for the purpose of lendi...
  • Rohit opened a recurring deposit account in the bank by depositing Rs. 250 per month for 11 months. The rat...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Banking and Cash Transactions (990 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy