Question

Choose True / False

When selling price is greater than cost price, it is known as loss

30.Bank is an institution which accepts deposits and gives loan in return for an interest

A minor of any age can’t open a fixed deposit account through his/her natural or legally appointed
guardian.

RBI issues currency notes, coins and one rupee notes.

Savings account offers higher interest rate than Recurring Deposit Accounts

34.A maximum amount of two lakh rupees can be transferred through RTGS

Answer 1

Answer:

1.False

2.True

3.False

4.True

5.True

6.False

Answer 2

Answer:

1False

2True

3 False

4True

5 True

6Falsw