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Home Interview Accounting and Finance See What Others Are Saying!
  • Question
  • What is overdraft protection?


  • Correct Answer
  • Overdraft protection is a service that is provided by a bank to their customer For instance, if you are holding two accounts, saving and credit account, in the same bank Now if one of your accounts does not have enough cash to process the cheques, or to cover the purchases The bank will transfer money from one account to another account, which does not have cash so to prevent check return or to clear your shopping or electricity bills 


  • More questions

    • 1. What is CRR rate?
    • Discuss
    • 2. Which among the following are not access Specifiers in C++?

    • Options
    • A. Public
    • B. Protected
    • C. Default
    • D. Private
    • Discuss
    • 3. In which year, the first bank of India "Bank of Hindustan" was established ?

    • Options
    • A. 1677
    • B. 1770
    • C. 1796
    • D. 1831
    • Discuss
    • 4. What could be the bucket size if collision and overlapping occur at same time?

    • Options
    • A. 2
    • B. 0
    • C. 1
    • D. 4
    • Discuss
    • 5. Default constructor accepts how many arguments?

    • Options
    • A. one
    • B. two
    • C. three
    • D. None
    • Discuss
    • 6. What are the mandatory part to present in function pointers?

    • Options
    • A. &
    • B. retrun values
    • C. data types
    • D. none of these
    • Discuss
    • 7. Which of the following can derived class inherit?

    • Options
    • A. members
    • B. functions
    • C. both a & b
    • D. None of the above
    • Discuss
    • 8. What kind of object is modifying sequence algorithm?

    • Options
    • A. Function template
    • B. Class template
    • C. Method
    • D. None of these
    • Discuss
    • 9. Fixed Foreign Exchange rate can be changed by

    • Options
    • A. SEBI
    • B. Ministry of Finance
    • C. RBI
    • D. All of the above
    • Discuss
    • 10. The shortcut key to quit from tally is

    • Options
    • A. CTRL + Q
    • B. CTRL + ESC
    • C. CTRL + T
    • D. CTRL + P
    • Discuss


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