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  • Question

  • When an account is declared as Inoperative & Dormant Accounts?


  • Options
  • A. Only after 2 years from the date of the lasttransaction
  • B. Only after 3 years from the date of the lasttransaction
  • C. Only after 1 years from the date of the lasttransaction
  • D. Only after 10 years from the date of thelast transaction

  • Correct Answer
  • Only after 2 years from the date of the lasttransaction 

    Explanation

    Schedule bank?s account can be treated as inoperative account only after 2 years from the date of the last credit entry of interest on Fixed Deposit account as per RBI guidelines.

    • More questions

    • 1. The mean surface temperature of the sun is estimated to be of the prder of

    • Options
    • A. 5500?C
    • B. 4000?C
    • C. 2000?C
    • D. 1000?C
      • Discuss
    • 2. The Pyrenees mountains are located on the border between ____ and ____

    • Options
    • A. Romania, Bulgaria
    • B. Norway, Sweden
    • C. Hungary, Romania
    • D. France, Spain
      • Discuss
    • 3. What is the relationship between resistivity r and conductivity s?

    • Options
    • A. R = s2
    • B. R = s
    • C. R > s
    • D. R = 1/s
      • Discuss
    • 4. Which of the following is used as a lubricant?

    • Options
    • A. Graphite
    • B. Silica
    • C. Iron Oxide
    • D. Diamond
      • Discuss
    • 5. Fenway Park is the home field of what Major League Baseball team?

    • Options
    • A. New York Yankees
    • B. Chicago White Sox
    • C. Montreal Expos
    • D. Boston Red Sox
      • Discuss
    • 6. The religion of Afghanistan is

    • Options
    • A. Islam
    • B. Buddhism
    • C. Hinduism
    • D. Christianity
      • Discuss
    • 7. Who was the first Indian woman to win a medal in the Olympics?

    • Options
    • A. P.T.Usha
    • B. Karnam Malleshwari
    • C. Kunjarani Devi
    • D. Bachendri Pal
      • Discuss
    • 8. Who is known as 'Desert Fox'?

    • Options
    • A. Bismarck
    • B. Eisenhower
    • C. Gen. Rommel
    • D. Walter Scott
      • Discuss
    • 9. The letters, "DOS" stand for...

    • Options
    • A. Data Out System
    • B. Disk Out System
    • C. Disk Operating System
    • D. Data Operating System
      • Discuss
    • 10. Which of the following countries is not a member of SAARC?

    • Options
    • A. Nepal
    • B. Bangladesh
    • C. Afghanistan
    • D. Myanmar
      • Discuss

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